The export market for steel billet originating in the Commonwealth of Independent States (CIS) has remained quiet this week with most producers still out of the market for holidays, although sentiment remained upbeat, sources told Fastmarkets on Tuesday January 5.
Most CIS mills were out of the market for new year and Christmas holidays and were expected to come back next week, sources said.The latest offers of billet from major Russian and Ukrainian producers were reported no lower than $620 per tonne fob before...