CIS STEEL BILLET: Market silent due to offer-bid disparity

June 08, 2021 / www.metalbulletin.com / Article Link

The export market for steel billet originating from the Commonwealth of Independent States was quiet on Monday June 7 with no trading reported due to an offer-bid mismatch.

Billet offers from CIS producers were heard in the range of $650-670 per tonne fob on Monday, little changed compared with the end of last week.
No buying activity was reported for these offer prices.

Small tonnages of billet from traders to Turkey were heard offered at $650-660 per tonne cfr (about $630-640 per tonne fob),...

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