The Commonwealth of Independent States' (CIS) billet export prices increased following a couple of Black Sea cargoes reportedly sold to Turkey, sources told Fastmarkets on Monday October 18.
The export market of pig iron in the CIS during the week ending April 15 was good due to the improvement in demand in neighboring markets.
Billet producers in CIS continued to seek support from other markets, as sales were limited at present due to unfavorable market conditions.
The domestic steel rebar market in Russia's Central Federal District around Moscow was broadly flat over the week due to producers holding back from making new offers, while buyers expect prices for May volumes to rise, Fastmarkets heard on Monday.
Russian domestic rebar prices rose again in April due to good demand from major producers, and low supply of materials.
Exporters of CIS billet remained bullish despite the lack of trading activity in the Black Sea basin this week, sources told Fastmarkets on Thursday April 1. The producers remained positive amid expectations of price rises in China due to the possible removal or reduction in its export tax rebate, along with the recovery in finished long […]
producers of CIS long steel have continued to give discounts to foreign customers amid increased competition, particularly with Turkish suppliers, which reduced prices in the week ended March 26 amid falling scrap costs and a depreciation of the Turkish lira. *** Wire rod Wire rod offers from Russia were heard on Monday March 29 within […]
CIS Slab producers raised prices further for overseas customers during the week to Monday March 15 as some accepted higher levels in the most recent round of sales.
Exports of wire and rebar from the CIS rose during the week ending Tuesday, March 9, despite limited trading activity.
The CIS hot-rolled coil market has been bullish in the week ending March 1 due to deals with Turkey.
The CIS pig iron export market has been on the rise during the week ending Thursday, February 25, amid rising shipping rates amid rising shipping rates.