CIS STEEL BILLET: Prices steady but sales 'not happening'

By Vlada Novokreshchenova / May 22, 2018 / www.metalbulletin.com / Article Link

CIS export billet prices remained stable on Tuesday May 22 with buying activity no better than sluggish, Metal Bulletin has heard.

"With these prices, no-one is making money so sales are not happening," an international trader told Metal Bulletin, referring to high offer prices from CIS mills and low bids from customers.Metal Bulletin's CIS billet export index was $524 per...

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