CIS STEEL BILLET: Lack of demand, falling scrap costs send prices down

January 22, 2021 / www.metalbulletin.com / Article Link

Prices in the Commonwealth of Independent States' (CIS) export billet market dipped on Thursday January 21 amid a lack of demand and falling scrap costs, sources said.

Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey was calculated at $432.61 per tonne on Thursday down by $1.38 per tonne day on day andby $43.38 week on week.

Fastmarkets' corresponding daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey was $437.80 per tonne, also down by...

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