Clips
Billet export offers at Black Sea see major dip - 08 Jul, 2008

It is reported that export offer for Ukrainian billets have slipped recently due to lower offers from Chinese mills

Billets
3-5 sp/ps
125-150

27-Jun4-JulChange
1200-12201120-1150Down by 70-80

Rate in USD per tonne
Delivery – FOB Black Sea

As per market reports, a major Ukrainian billet producer and exporter has inked some contracts at these levels last weekend for MEA market

This downward correction comes after a long period amid skyrocketing prices of long products and further down side should be any ones guess
(Sourced from www.steelprices-india.com)


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Currency Rates
28 Aug, 2008
USD 1.0000
AUD 1.1648
BRL 1.6226
CAD 1.0461
CNY 6.8293
EUR 0.6802
GBP 0.5431
INR 43.8023
JPY 109.3490
RUB 24.6111
ZAR 7.7793
Source: OANDA.com
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