CIS STEEL BILLET: Prices soften slightly after China exits market for holiday

October 05, 2021 / www.metalbulletin.com / Article Link

The Commonwealth of Independent States' billet export market softened somewhat after the Chinese market, which has been rendering most of the support to billet sellers, left for a weeklong national holiday that ends on Thursday October 7.

China's interest in imported billet started to fall by the end of last week.
The latest sale of a Ukraine-origin cargo was heard done in the middle of the last week at $705 per tonne cfr, which nets back to $600-605 per tonne fob Black Sea.

Without the support of Chinese suppliers, CIS producers will either have to take a wait-and-see position...

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok