CIS billet offers for export

SteelOrbis has heard that St 37 billets ex-CIS are being offered for export at $350-360/mt FOB, for May shipment. The offers remained unchanged compared to previous week. Billet customers in Turkey, North Africa and Europe have started to show interest in CIS origin billets since the price gap between Turkish origin billets and CIS origin billets have widened. If high tonnage bookings are concluded at these price levels, the prices may increase further.