News Room - Steel Industry

Posted on 30 Jun 2008

CIS billet prices up

The imported billet price from CIS to Turkey has reached US$1,270/ton CFR for August and September production. 

Besides, Russian and Ukrainian steel mills decided to restrict continuously the export volume for billet due to climbing domestic demand.

It’s said that Turkish and CIS billet makers are restraining their export and shifting the portion of billet exports for their own usage or selling small quantities to domestic re-rollers instead.