Large cargoes of billet were sold to a major Saudi Arabian buyer on Wednesday, while Turkish re-rollers booked prompt shipments from the Black Sea at low levels, market participants told Platts. One 30,000 metric ton cargo from a Turkish mill went at $560/metric ton CFR Jeddah to a major Saudi buyer, while a bigger cargo was also rumoured to have been sold at the same price from the CIS.
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