CIS STEEL BILLET: Market bullish amid higher sales prices, lower offers

By Vlada Novokreshchenova / February 26, 2018 / www.metalbulletin.com / Article Link

CIS export prices for steel billet products continued to climb in the week ended Monday February 26 with customers accepting the higher prices.

In addition, the availability of the material was reduced because some mills were holding back volumes in expectation of another round of price increases after China's return from the week-long lunar new year celebration.Metal Bulletin's weekly export CIS Billet Index was $520 per tonne fob Black Sea on...

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