Russian steel billet prices stable in new bookings, but sentiment negative

Export prices for steel billet in the Black Sea basin remained stable on Wednesday May 18 although several bookings came to light for Russia-origin material done late last week and early this week.

The highest prices were reported to have been achieved in Egypt. Several cargoes totaling 20,000 tonnes changed hands within the range of $685-690 per tonne cfr, which would net back...


Vlada Novokreshchenova

May 18, 2022

15:48 GMT