The CIS export billet market was largely quiet at the beginning of January with most market participants still away from the market, but one cargo was heard sold at a lower price, which dragged the market further downward.Fastmarkets' daily CIS export billet index was at $403 per tonne fob Black Sea on January 2, down by $5 per tonne day on day.One large cargo of Russia-origin billet from the Black Sea port was reported sold within the range of $440-445 per tonne cfr to Thailand through a trader, sources said.
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