CIS export billet prices have become firmer with customers in the Middle East and North Africa gradually starting to accept higher prices, but overall demand remained rather modest, Fastmarkets heard on Monday November 12.
Fastmarkets' daily CIS export billet index was $463 per tonne fob Black Sea on Monday, up by $7 per tonne week on week.Several cargoes of CIS-origin billet were heard booked in Egypt in the second half of last week within the range of $485-490 per tonne cfr, equivalent to $460-465 per tonne fob Black Sea,...