semis prices

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Middle East billet producers suffer losses due to falling demand

Plants refrain from shutting down completely, hoping for an improvement in the situation

European slab prices declined in early April

Producers seek to increase the attractiveness of supply amid sluggish demand

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Middle East billet prices show weak growth in late March

Elsewhere in the world, producer bids remain unchanged

Global slab prices rose in the first half of March

Producers took advantage of the tightening of tariff protection in the European steel market

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Asian billet prices continue to decline

Buyers take a wait-and-see attitude in hope for further price cuts despite announced production cuts in China and declining inventories

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Decline in global iron and steel prices: how Ukrainian exporters are affected

Exports of steel products may decrease by 300 thousand tons in annual terms

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Steel billets prices rose amid restrictions on Russian exports

Billet prices rose by $5/t compared to the previous week in the ports of the Black Sea for September 15-22

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Global billet prices are falling amid economic uncertainty

Square billet in Black Sea ports for the week of June 16-23 lost $5/t in price, and in Turkiye – $20/t

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Russian billet is losing demand on export markets

As of May 19, 2023, billet quotations in Black Sea ports were $520-530/t FOB