The CIS export billet market became firmer early in the week following a stabilization of prices in the scrap market as well as fresh billet bookings agreed at higher prices, Fastmarkets heard on Monday October 7.
Fastmarkets' daily steel billet index, export, fob Black Sea, CIS, was $352 per tonne on October 7, up by $1 per tonne from Friday.A 50,000-tonnes cargo of Ukraine-origin billet was reported sold to the Gulf Cooperation Council (GCC) region at...