News Room - Steel Industry

Posted on 14 Dec 2007

CIS billet export price up

Due to the shortage and soaring price of raw material, CIS billet keeps going up recently.

The export price of billet in Black Sea has increased by US$5/ton these days, and it has reached US$550/ton.

The price in Ukraine rose from US$530~540/ton in last week to US$535~545/ton as well. According to the related statistics, the export price of hot rolled coils registered between US$570/ton and US$620/ton FOB Black Sea.

The price of cold rolled coils is prevailing at US$620~640/ton FOB Black Sea.

And the price of medium plate, steel rebar, and section bar based on FOB Black Sea are at US$550~600/ton, US$560~570/ton, and US$560~570/ton respectively.