Prices in the steel billet export market in the Black Sea region continued to fall on Tuesday July 3, with customers in the major outlets still showing little interest in imported material.
Metal Bulletin's CIS billet export index was $510 per tonne fob Black Sea on Tuesday, down by $6 per tonne day-on-day.Offer prices of the material varied mainly within the range of $515-520 per tonne fob Black Sea, but they were rare because mills have almost filled their order books for July.Some mills were still offering billet at prices as high as $525 per tonne fob Black Sea, but market...