CIS STEEL BILLET: Price inches up on fresh sale to Turkey, positive expectations

February 11, 2021 / www.metalbulletin.com / Article Link

The export billet price from the Commonwealth of Independent States region inched up on Wednesday February 10 after a booking to Turkey was heard done at higher levels.

A cargo of CIS-origin billet was sold to Turkey at $530 per tonne fob Black Sea, several sources reported to Fastmarkets. This is up by $10-20 per tonne from previous sales heard earlier this month.

This took Fastmarkets' daily steel billet index, export, fob Black Sea, CIS to $530 per tonne on Wednesday, rebounding by $3 per tonne day on...

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