Billet exporters from the CIS quote offers higher by $5/t to the Gulf region at $595/t cfr main Gulf port from Ukraine mills and witness no inquiries.
Last deal of September production and October shipment concluded at $560-590/t cfr, a deal was signed at same price a week before.
Billet buying from CIS is dull as domestic Re-bar demand is weak in the Gulf region.
A trader in Dubai was offered Billet from Arcelor Mittal Kryvyi Rih in Ukraine and Duferco at $595/t fob.
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