CIS STEEL BILLET: Higher offers push prices upward, but demand still low

September 10, 2020 / www.metalbulletin.com / Article Link

Steel billet producers in the Commonwealth of Independent States continued to raise their offer prices for foreign customers in the week ended Wednesday September 9 following the recent uptick in Turkish import scrap prices.

On Tuesday, Turkish import scrap prices exceeded $300 per tonne on the strength of the rebar and billet markets.
A steel mill in the Marmara region booked a Baltic Sea cargo, comprising HMS 1&2 (80:20) at $302 per tonne, shredded at $307 per tonne and bonus at $312 per tonne cfr late on September 7.

Another steel mill in the Iskenderun region also booked a Baltic Sea cargo of 17,000 tonnes of HMS 1&2 (95:5)...

Recent News

Bank of Japan boosts rates, continuing an unwinding carry trade

December 22, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market slide

December 22, 2025 / www.canadianminingreport.com

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com

Silver's three-month outperformance continues

December 15, 2025 / www.canadianminingreport.com

Silver & Copper Supply Distortions Continue

December 08, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok