CIS billet producers continued to insist on the prices that were offered to foreign customers earlier this month for December-rolling material, despite the lack of trading activity this week, Fastmarkets learnt on Friday November 8.
The material was available mainly from Russian mills for around $380 per tonne fob.Meanwhile, most Ukrainian mills were absent from the market. Three mills - Dneprovskiy Dzerzhinsky Metallurgical Plant (DMKD), Dnipro Metallurgical Plant (DMP) and Elektrostal - have idled parts of their facilities because of this year's unfavorable pricing environment.By the end of the...