CIS STEEL BILLET: Prices climb higher on tight supply, strong demand

By Vlada Novokreshchenova / March 12, 2018 / www.metalbulletin.com / Article Link

CIS export billet prices soared in the week ended Monday March 12 with mills pushing through higher prices amid reduced availability of the material and lively demand.

Metal Bulletin's export CIS Billet Index was $551 per tonne fob Black Sea on March 12, up by $17 per tonne week-on-week.Mills were selling material mainly within the range of $540-550 per tonne fob Black Sea.Ukraine's ArcelorMittal Kryvyi Rih was heard selling its billet at $540-545...

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