As per the latest information from Black sea CIS steel export prices are in mixed dynamics.
Billet price is rather stable with the market around USD 515 per tonne FOB Black Sea. Despite minor fluctuations, raised by particular deals and conditions, regional suppliers are defending their positions amid fine booking.
Finished longs segment shows weaker dynamics. Most offers decreased by USD 5 per tonne to USD 10 per tonne this week as December seems to be unsold.
Finished flats are in contrary trend with offers up by USD 5 per tonne to USD 10 per tonne for January.
Source:
http://www.steelguru.com/russian_news/CIS_steel_export_market_in_mixed_trend/295257.html
