Ex-CIS steel billet deals to Saudi Arabia – week 22

SteelOrbis has been informed that this week billet deals have been concluded from the CIS to the Saudi Arabian market. Accordingly, a transaction for 80,000 mt of SP5 and modified grade billet has been concluded at $615/mt CFR for end of June shipment, while in another transaction 33,000 mt of SP5 billet has been sold at $620/mt CFR for end of June shipment.