It is heard that some Turkish trading firms are offering billet to Saudi Arabia at $465-470/mt CFR but buyers’ firm bids are in the range of $445-450/mt CFR.
Meanwhile, SteelOrbis has also been informed that Indian induction grade billet offers to Saudi Arabia for small volumes are at $435-440/mt CFR.
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.
07 Aug | Steel News
20 Jul | Longs and Billet