Ex-Brazil billet offers trending stable

Tuesday, 19 September 2017 22:07:11 (GMT+3)   |   San Diego
       

On August 29, SteelOrbis reported ex-Brazil billet offers to the US and other countries at $510-520/mt FOB Brazilian port.

On September 19, sources informed SteelOrbis that offers to the US and other countries continue to trend stable at $510-520/mt FOB Brazilian port. Given global import offer prices reportedly at $530-550/mt CFR in Turkey, Egypt, Southeast Asia, and the EU, a source noted that ex-Brazil billet offers are “within the logical and competitive range.”


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