It is evident that the price appetite of CIS producers is continuing to grow up.
Although the situation on the billets market differs a little bit from region to region or better from country to country, but the general trend was same - up and up.
Offers and buying to Iran were heard to be above the market levels although to other countries material was traded in the range of USD 550 per tonne to USD 580 per tonne FOB.
Although closer to the end of the week one producer started offering at USD 595 per tonne FOB Black Sea level.