21
Feb
11:56
The surge in China’s steel futures has spurred regional import prices higher in Southeast Asia, Kallanish notes. Exporters of billet and hot rolled coil to the region are bullish and continue to hike prices.
Traders are offering 5sp billet from ASEAN, China and the Middle East at $615-630/tonne cfr Manila, compared to $615-620/t cfr last Friday. A deal for 10,000t of 5sp grade billet from Qatar was heard booked at $610/t cfr either last Friday or Monday this…
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.
Anna Low
Singapore
More free articles from our archive
Related articles
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