CIS LONG STEEL: Mills close February order books at higher prices, outlook mixed

By Vlada Novokreshchenova / January 16, 2018 / www.metalbulletin.com / Article Link

CIS export rebar and wire rod prices have gone up by $10-15 per tonne in the first half of January with mills selling material from February production at higher prices.

In addition, the availability of material, wire rod in particular, was reduced due to the continued absence from the market of Russia's Abinsk Electric Steel Mill and satisfactory sales in previous weeks.Metal Bulletin's weekly price assessment for CIS wire rod exports was $580-585...

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