Sentiment in the CIS export billet market had cooled down somewhat by the end of the week, with demand in most destinations only modest and bookings rare, sources told Fastmarkets on Friday August 14.
Despite this, CIS billet producers were in no hurry to reduce their offer prices, they added.Recent offers for September-rolling billet from CIS mills selling material from Black Sea basin were heard at $400-410 per tonne fob,...