CIS STEEL BILLET: Market quiet as buyers resist higher offers

By Marina Shulga / September 07, 2018 / www.metalbulletin.com / Article Link

No deals were heard in the market for exports of steel billet from the Commonwealth of Independent States during week ended Friday September 7 because buyers were rejecting higher offer prices from mills.

Metal Bulletin's daily CIS export billet index was $476 per tonne fob on September 7, up by $1 per tonne day-on-day.Offers of October-rolled billet from exporters in the Black Sea region were heard at $480-490 per tonne, depending on the mill.Meanwhile,...

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