CIS STEEL BILLET: Mills maintain prices despite dull sentiment, low bids

July 31, 2019 / www.metalbulletin.com / Article Link

Buyers of CIS-origin steel billet were in pessimistic mood in the last week of July because of the lack of activity in the finished steel sector during the mid-summer lull.

Customers' bids fell to less than $410 per tonne fob on Tuesday July 30, varying within the range of $405-408 per tonne fob Black Sea, market sources told Fastmarkets.But mills continued to offer material within the range of $420-425...

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