CIS Billet makers lift February exports prices by $5-20/MT 

Billet makers in the CIS have been able to meet with sales in good volumes and at higher prices.

For February rolled Billet, exports prices gain $5-20/MT m-o-m and are standing in the range of $530-540/MT fob Black and Azov Sea.

A couple of deals were heard to be concluded in the current week. Around 15,000 tons of February rolled material was sold out by a trader at $535/MT fob.

At slightly lower prices, an exports deal was finalized by a CIS Billet producer at $525/MT fob.