The Commonwealth of Independent States (CIS) export billet price dropped on Thursday March 25 after customers lowered bids following the decrease in scrap and finished long steel segments, sources said.
Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey was calculated at $404.66 per tonne on Thursday, down by $24.15 per tonne day on day.