CIS STEEL BILLET: Price jumps following sales to Turkey

The Commonwealth of Independent States' (CIS) billet export prices increased following a couple of Black Sea cargoes reportedly sold to Turkey, sources told Fastmarkets on Monday October 18.

A 10,000-tonne cargo from Russia was reportedly sold to Turkey at $650 per tonne fob late last week, several sources told Fastmarkets.
Another billet cargo of around 20,000 tonnes was sold from Ukraine to Iskenderun, Turkey at $720 per tonne cfr, which would net at about $665-670 per tonne fob.

But the billet cargo was for wire...

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