International Steel Market Daily: Russian Billet Export Prices Rise

price information of  metal buckets

Due to the strong demand in Turkey, the export of Russian billet has been strongly supported, and the price has been rising all the way. After an interval of 10 months, the FOB export price of billet once again exceeded 600 US dollars/ton.

At present, Russia's quotation to Turkey is about 635-650 US dollars/ton CFR, about 600-620 US dollars/ton FOB, Russian billet sellers said that they expect the export price to reach 640-650 US dollars/ton FOB. The price acceptance is good, and the expected price is US$640-650/ton CFR. In addition, the price of Turkish rebar has risen sharply, and the export price of Russian billet still has room to rise.