The CIS export billet price continued to fall in the week ended Monday April 9, influenced by the drop in Chinese export billet prices as well as a slump in import scrap prices in Turkey.
Metal Bulletin's export CIS billet index was $515 per tonne fob Black Sea on April 9, down by $5 week on week.Some CIS producers followed the downward trend in an attempt to win contracts, and decreased their offers to $515 per tonne fob Black Sea by the end...