Robust demand in Egypt pushes up CIS steel billet export prices

Anticipated ongoing demand for steel billet in Egypt continued to support Black Sea suppliers early this week, sources told Fastmarkets on Tuesday January 25.

Several market participants confirmed the booking of large CIS-origin billet cargo with increased manganese content at $685 per tonne cfr Egypt at the end of last week. Material with increased...


Vlada Novokreshchenova

January 25, 2022

16:20 GMT