Weak demand for ex-CIS billet

Thursday, 28 July 2016 14:16:05 (GMT+3)   |   Istanbul
       

During the past week, demand for ex-CIS billet in the export markets has remained at low levels, while ex-CIS billet prices have moved sideways in the range of $320-335/mt FOB.
 
No new ex-CIS billet deal has been heard in Egypt - one of the most important export markets of CIS-based billet suppliers - in the current week, while it has been heard that ex-CIS billet deals have been concluded in Turkey in the same period at $338-339/mt CFR.

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