CIS STEEL BILLET: Trading remains quiet on offer-bid mismatch, market uncertainty

October 17, 2018 / www.metalbulletin.com / Article Link

Trading activity in the CIS export billet market remained quiet early in the week that began on Monday October 15 amid a mismatch between suppliers' offers and customers' bids.

Some market participants expected that conditions in the regional steel market would improve because of the better diplomatic relations between Turkey and the United States, which could have a positive effect on CIS-origin steel prices."I received inquiries [for billet] on Friday evening, when the working day in the US started, and they announced that [Turkish President Recep Tayyip]...

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