CIS STEEL BILLET: Market strengthens on fresh booking to Latin America

January 26, 2021 / www.metalbulletin.com / Article Link

Prices in the CIS export steel billet market became firmer on Monday January 25 with fresh bookings heard in Latin America at slightly higher prices.

A large cargo of Ukraine-origin billet was sold to Latin America at slightly less than $580 per tonne fob Black Sea, three sources told Fastmarkets.

One market participant suggested that part of the cargo could be material with chemistry that may command extra payment, but this information could not be...

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