Export prices for steel billet from the Commonwealth of Independent States (CIS) continued to rise over the week to Monday July 13, supported by a fresh sale and a positive mood in China.
A cargo of Ukraine-origin wire rod-quality billet was reported sold to the Mediterranean Sea basin at $373 per tonne fob Black Sea late last week, Fastmarkets has learnt.The price for wire rod-quality material is traditionally at a premium of several dollars per tonne over standard grade. But in the current conditions of...