CIS STEEL BILLET: Price corrects downward on latest Latin America sale

September 24, 2021 / www.metalbulletin.com / Article Link

The price of steel billet exports from the CIS corrected downward by a few dollars per tonne on Thursday September 23 when fresh booking to Latin America came to light.

Around 20,000 tonnes of Ukraine-origin billet were reported sold to Latin America in the first half of the week at $600 per tonne fob Black Sea for basic-grade material.

The deal sent Fastmarkets' calculation of its daily steel billet index, export, fob Black Sea, CIS, downward by $3...

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