CIS steel billet suppliers continued to seek support in the markets of Southeast Asia in the second half of October, with customers' interest in imported billet in the Middle East-North Africa (Mena) region remaining low while the finished long steel market is subdued.
Offers of CIS-origin billet varied mainly within the range of $460-470 per tonne fob Black Sea, market participants told Fastmarkets on Monday October 22.Recent bids from Turkish customers were reported at $455 per tonne cfr, equivalent to $540 per...