Billet import prices to Gulf fall as CIS reacts to drop in demand

May 08, 2012 | 10:42 AM |

Steel billet import prices into the Gulf Co-operation Council countries softened this week, traders said, as Eastern European suppliers responded to falling demand from the six-nation trading group. The product was trading at $640-650 per tonne cfr for 100mm x 100mm billet,....

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