Billet demand from Saudi Arabian rolling mills has maintained its strength, especially as finished steel demand in Saudi Arabia has remained on the strong side throughout the current year.
In the meantime, ex-CIS billet offers to Saudi Arabia are in the range of $560-570/mt CFR, while Turkish mills' billet offers are at $580-590/mt CFR. However, no transactions have been concluded yet at these price levels. Saudi buyers indicate that they are ready to conclude deals at price levels of $545-550/mt CFR.
Billet offers to Saudi Arabia from CIS and Turkey
Marketplace Offers
Billet
Length
6 m
Edge Length1
100 - 150 mm
Edge Length2
100 - 150 mm
Tedarikçi
MODERN STEEL MILLS
Billet
Length
3 - 6 m
Edge Length1
100 mm
Edge Length2
100 mm
Tedarikçi
SHATTAF STEEL IND. CO. LLC.
Billet
Length
3 - 6 mm
Edge Length1
125 mm
Edge Length2
125 mm
Tedarikçi
SHATTAF STEEL IND. CO. LLC.
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