Billet price trend show fluctuations in international market

Ukraine: Prices for December rolled Billet in Ukraine fall to $505/MT FOB Black Sea from last offers at $525/MT.

From the Azov Sea, it has reduced to $510/MT from previous quotes of $520/MT as some of the Billet makers in Ukraine reduce the prices for exports purposes of January rolled Billet.

Turkey: Billet offers soar high in domestic market of Turkey on account  of increase of scrap prices in the country.

From January to October 2012, Billet imports moved up by 20% in Turkey.

CIS: Exporters of Billet in CIS are ready to conclude trades with Turkey at higher offers than previous.

Prices are standing in the range of $505-510/MT FOB Black Sea.

Korea: Producers of Billet have not met with a good exports market as buyers from other countries are willing to close deals at  low prices only.

           

 

 


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