Prices for steel billet exports from the Commonwealth of Independent States remained firm over past the week, supported by demand from China.
Having sold a significant part of their October allocations and even part of their November allocations to China in the week to September 3, CIS mills were mainly in wait-and-see mode and not hurrying to sell their remaining volumes."According to our assessments, China booked around 1 million tonnes of billet of various origins...