The CIS export market is rather positive amid good bookings for January.
Billet price increased by USD 5 per tonne to USD 10 per tonne with offers primarily available around USD 525 per tonne FOB Black Sea and some deals are reported at this level.
The most producers are actively trading January production pushing prices up amid active demand from MENA and higher costs.
Finished longs market is slower,prices are rather stable.
Finished flats dynamics is in quite positive mode with most producers already booked for January.
Source-Strategic Research Institute
Source:
http://www.steelguru.com/chinese_news/Black_Sea_steel_export_market_ends_2012_on_positive_note/296740.html
