Export prices for steel billet from the Commonwealth of Independent States (CIS) continued to move downward on Thursday February 4 with lower offers heard from mills and traders.
Billet offers from mills were heard within the range of $540-545 per tonne fob for customers in the Middle East, compared with $540-550 per tonne fob earlier in the week.A Russian producer was reported to have filled its order book for February at the lower end of the range, but...