News Room - Steel Industry

Posted on 08 Jul 2008

Billet export offers at Black Sea see major dip - 08 Jul, 2008

It is reported that export offer for Ukrainian billets have slipped recently due to lower offers from Chinese mills


27-Jun

4-Jul

Change

1200-1220

1120-1150

Down by 70-80


Rate in USD per tonne
Delivery – FOB Black Sea

As per market reports, a major Ukrainian billet producer and exporter has inked some contracts at these levels last weekend for MEA market

This downward correction comes after a long period amid skyrocketing prices of long products and further down side should be any ones guess