Ex-CIS billet attracts strong demand in MENA region

SteelOrbis has heard from market insiders that CIS mills' billet export offers have remained unchanged since last week at $535-545/mt FOB for shipments in April. Meanwhile, ex-CIS billet offers to the Middle East and the North Africa (MENA region) are at $530-540/mt FOB for April shipment, attracting great interest, with many deals reported at these price levels.