The price of steel billets in the CIS has fallen by 10-15 dollars per ton

Over the past week, the supply and sale of blanks from most CIS plants decreased in price by $ 10-15 per ton.

The increase in scrap stocks from leading manufacturers has led to a decrease in scrap prices of $10-15 in addition to the slow market in the Middle East region. The current supply levels of the plants are in the range of 490-495 dollars per ton, which have also decreased by 10-15 dollars per ton since the end of December.

Internet portal www.absolyt.ru He offers to get acquainted with information about metal tiles and other building materials.

The last transactions in mid-January were at the level of 495-497 dollars per ton FOB Black Sea. In addition, most factories have not yet exhausted January orders. The collapse of the Turkish lira leads to the fact that even cheaper blanks add salt to the wound of Turkish factories, since in conditions of low demand their cost is still high for Turkish factories.

The CIS export prices once again have the opposite dynamics, with the billet segment stagnating and the square being strong. The price of a square billet is in positive dynamics. The Ukrainian HRC is trading in the range of 535-540 dollars per ton FOB ports Black Sea/Sea of Azov. Russian material from Novorossiysk at 555-560 dollars per ton FOB Black Sea.

Offers starting at 490 per tonne FOB are fully prepaid, and "regular" trading is still around 500 dollars per tonne, but the market is moving slowly and most offers are declining.