09
May
13:04
ASEAN longs buyers tread cautiously, Chinese prices volatile
ASEAN import markets for long products continue to be muted, Kallanish notes. While offers are stable, the volatility in Chinese steel futures is likely causing regional buyers to exercise caution. The SHFE market has been correcting downwards after a rally at the start of the week following China’s Labour Day holiday.
In Vietnam, bids are still being invited for 6.5mm upwards SAE 1008 wire rod from several Chinese mills for end-June shipment at unchanged le…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous