CIS STEEL BILLET: Demand in Latin America persists, but prices move further down

August 28, 2021 / www.metalbulletin.com / Article Link

The Latin American market continued to render support to CIS billet exporters with a second deal to the region reported during the week to Friday August 27. The price of the second one was, however, lower than the first.

A cargo of 35,000 tonnes of Ukraine-origin billet with increased manganese content was sold to Latin America at $685 per tonne cfr. Sources said the price for basic grade would be equivalent to $605 per tonne fob Black Sea.

This is $5 per tonne...

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