CIS billet situation

CIS origin billet offers are at $430-440/mt FOB for late August shipments. Turkish and Italian customers are not showing much interest in these levels, but there is demand from Northern Africa and Middle East countries. It is heard that a cargo of prompt shipment was sold to Egypt at $485/mt CFR. Furthermore, it is heard that the customers in Jordan are ready to purchase CIS origin billets at around $465/mt CFR.