Russian export billet price falls in latest deals to Turkey; competition grows in Asia
Prices for steel billet exports originating from Russia continued to decrease as expected in the week to Monday May 23, with more bookings to Turkey at lower prices coming to light.
Fastmarkets’ calculation of the steel billet index, export, fob Black Sea, CIS
, dropped by $13 per tonne day on day on Monday to $602 per tonne.
Market participants reported several...