CIS STEEL BILLET: Price picks up on limited volumes, Asian support

By Vlada Novokreshchenova / September 18, 2018 / www.metalbulletin.com / Article Link

CIS export billet prices picked up early this week when the volumes of available material became limited, Metal Bulletin heardon Tuesday September 18.

This was partially driven by the reduced production volumes at some mills because of maintenance work, and partly by the renewal of sales activity in the first half of September - to the Asian market, in particular."The amount of material in the market was reduced by shipments to Southeast Asia," a source on the producers' side told Metal Bulletin.At least one cargo was heard booked last...

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