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
MODERN STEEL MILLS
Length: 6 m
Edge Length1: 100 - 150 mm
Edge Length2: 100 - 150 mm
MODERN STEEL MILLS
Billet
Length: 3 - 6 m
Edge Length1: 100 mm
Edge Length2: 100 mm
SHATTAF STEEL IND. CO. LLC.
Length: 3 - 6 m
Edge Length1: 100 mm
Edge Length2: 100 mm
SHATTAF STEEL IND. CO. LLC.
Billet
Length: 3 - 6 mm
Edge Length1: 125 mm
Edge Length2: 125 mm
SHATTAF STEEL IND. CO. LLC.
Length: 3 - 6 mm
Edge Length1: 125 mm
Edge Length2: 125 mm
SHATTAF STEEL IND. CO. LLC.
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