CIS STEEL BILLET: Market quiet during holiday period

January 01, 2021 / www.metalbulletin.com / Article Link

The export steel billet market in the Commonwealth of Independent States fell quiet on Thursday December 31 amid a pre-holiday lull in the region and in consumer markets, sources told Fastmarkets.

Although some major CIS millswere reported to still have February-shipment tonnages, the mills were not in a hurry to sell them, anticipating further price increases in January, several sources told Fastmarkets.
Consequently, offers were scarce in the market.

One Russian producer was reported...

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