SteelOrbis has been informed that this week
billet deals have been concluded from the
CIS to the Saudi Arabian market. Accordingly, a transaction for 80,000 mt of SP5 and modified grade
billet has been concluded at $615/mt CFR for end of June shipment, while in another transaction 33,000 mt of SP5
billet has been sold at $620/mt CFR for end of June shipment.