According to market sources, ex-CIS billet offers have decreased by $5/mt over the past week to $360-365/mt FOB. It is heard that CIS-based billet traders are accepting buyers' firms bids at $355/mt FOB, but no ex-CIS billet deals have been heard in Turkey yet. Meanwhile, Chinese billet offers to Turkey have decreased by another $15/mt week on week to $330-335/mt CFR. Market players are wondering that whether CIS-based traders, who are having difficulties competing with low-priced Chinese billet offers, will reduce their prices further in the near future.
Downtrend in ex-CIS billet offers
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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