13
May
12:28
ASEAN billet import market dives further
Buying interest for billet continues to be sluggish in Southeast Asia, Kallanish notes. The limited offers tabled are falling. But regional importers are waiting for the market to bottom out.
An Indonesian blast furnace mill is offering 150mm square 5sp billet at $710/tonne cfr Manila. The offer for 3sp billet is $10/t lower, a Manila trader says. But a regional trader adds that the billet grade does not really matter in a falling market. “The…
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