12
Jan
10:32
ASEAN billet exporters maintain offer prices
The ASEAN billet import market remained firm last week, Kallanish notes. Suppliers did not react to the earlier downward price corrections in China, including for iron ore, and maintained their offers.
Offers for 5sp 130mm or 150mm blast furnace billet from ASEAN/China for March shipment are unchanged at $550/tonne cfr Manila, Philippine trading and buying sources say. “There are limited offers presently,” a Manila trader says. He and others note there…
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Anonymous
Very good overview of the weekly steel market.
Anonymous