The price of steel billet from the Commonwealth of Independent States (CIS) exported via the Black Sea continued to move up this week on the back of a new deal for wire-rod grade material to Turkey on Tuesday, December 22.
Billet offers from Russian and Ukrainian suppliers were heard at $580-605 per tonne fob Black Sea on Tuesday, little changed from Monday.One Ukrainian supplier was heard to have sold 10,000 tonnes of wire-rod grade billet for February shipment to a Turkey-based re-roller...