03
Feb
11:03
The billet import market in Southeast Asia picked up momentum last week. Several deals touched $600/tonne cfr Manila, indicating that buyers were willing to pay more. However, the releasing of traders' position cargoes in the market could dent sentiment.
Regional mills’ target offer prices remain beyond the reach of buyers because of sluggish regional demand, Kallanish notes.
A 10,000-tonne cargo of ASEAN-origin 130mm 5sp …
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Anna Low
Singapore
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Anonymous
Very good overview of the weekly steel market.
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