Ex-CIS billet offers soften

SteelOrbis is informed that ex-CIS billet offers are currently standing at $530-535/mt FOB, softening by $5-10/mt week on week, while market sources state that demand for these offers is on the low side.
 
Meanwhile, buyers believe that these prices should move down. However, completing their sales for April shipments, CIS mills indicate that availability is not so high in the market and that there is no good reason for them to reduce their prices.