22
Apr
13:04
ASEAN billet import market tumbles
Regional billet importers in Southeast Asia are adopting a wait-and-see attitude in the falling market, Kallanish notes. The regional finished steel market is very sluggish. “It is an illiquid market environment,” a regional trader says. The current fasting month, the recent Thai Songkran holidays and Easter holidays in the Philippines have dampened regional buying activity.
In Manila, more billet import offers have fallen to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous