Steel billet exporters from the Commonwealth of Independent States (CIS) have continued to increase their offer prices, despite trading being limited by the difference between mills' offers and buyers' bids, sources told Fastmarkets on Wednesday December 9.
Offers of steel billet for February shipment from some Russian and Ukrainian mills were heard within the range of $530-540 per tonne fob on Wednesday this week, little changed from Tuesday."January shipment is available only from Abinsk [Electric Steel Works] and...