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01 Sep
17:04

CIS billet exporters maintain higher offers

CIS steel billet producers have maintained increased offer prices, but achieving those desired levels is proving to be challenging. Major consumers have been reluctant to accept the increases, market participants inform Kallanish. Belarus-origin billet is quoted at $460-465/tonne fob Black Sea, while a Donetsk mill is offering billet at $465/t fob. Russian-origin material is available at $465-475/t fob. However, there was no demand at the upper end of this ra…
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