The CIS export billet market has softened through the past week amid a lack of interest among customers in the major outlet regions, Fastmarkets heard on Thursday July 25.
Fastmarkets' daily steel billet index, export, fob Black Sea, CIS, was $415 per tonne on July 25, down by $2 per tonne day on day.Offers of CIS-origin billet from mills and traders were heard around $415-425 per tonne fob Black Sea, depending on destination, but no new bookings were heard done this week.Customers in Egypt reported offers of CIS-origin billet at $435 per tonne cfr, equivalent to...