Prices for export billet from the Commonwealth of Independent States (CIS) decreased on Tuesday September 28 after lower offers were heard in the market.
Mills reduced asking prices from $610-620 per tonne to $600-610 per tonne fob week on week after the Chinese market, which was expected to support suppliers, started to weaken.China started introducing power-consumption limits in some provinces in July 2021 due to power shortages. The curbs have...