The CIS export market is on the NY and Christmas break now (the Orthodox Christmas is on Jan. 7th). So, there is almost no movement here.
However steel billet price lost some points and market got closer to USD 515 per tonne to USD 520 per tonne FOB Black Sea now, but still producers are trying to push higher to USD 530 per tonne. (www.steelprices-europe.com)
Finished longs are on the previous levels
Finished flats segment is more optimistic, but also is keeping the earlier indicated ranges.
Source:
http://www.steelguru.com/russian_news/Black_Sea_based_steel_export_market_in_holiday_mood/297316.html
