The billet import price decreased in Egypt because of lower offers and bids in the week to Thursday June 25, sources told Fastmarkets.
CIS-origin billet was offered this week at $395-400 per tonne cfr, and buyers believed $375-380 per tonne cfr may be a "workable" price for the material.As a result, Fastmarkets' weekly price assessment for steel billet, import, cfr main port Egypt was $380-395 per tonne on Thursday, narrowing downward...