The CIS export billet price inched downward on Tuesday June 5 with buying still sluggish amid market uncertainty and the traditionally lower activity during the Islamic holy month of Ramadan in the Middle East.
Metal Bulletin's CIS billet export index was $498 per tonne fob Black Sea on June 5, down by $2 per tonne day-on-day.A cargo of Russia-origin billet was reported sold to Turkey around $510 per tonne cfr. This would be equivalent to around $495 per tonne fob Black Sea.Several more bookings from...