CIS billet offers for export
SteelOrbis has heard that CIS origin St 37 billets are being offered for export at $400-405/mt FOB Black Sea for July shipment. After the bookings concluded at $390-395/mt FOB Black Sea to Middle East and Europe, new offers exceeded $400/mt FOB. Furthermore, the offer levels at $400-405/mt FOB in Russian Far East ports last week helped the offers from Black Sea ports increase this week.