CIS origin 3SP-5SP billets are currently being offered for export at around $660-670/mt FOB Black Sea for April shipments.
CIS producers are trying to push for the upper levels of the offers in question. Traders' offers, which had been given at lower prices in previous weeks, have now disappeared. It is heard that the Persian Gulf is inclined to make purchases and that Italian buyers are slowly entering the CIS billet export market.