07
Oct
09:08
ASEAN billet importers adopt cautious stance
The billet import market was calm in Southeast Asia last week, Kallanish notes. Offers were hiked on anticipation that the market will lift this week when China reopens after its holiday. But importers continue to be cautious about paying more.
Limited offers for regional 5sp 130mm blast furnace billet for November shipment are heard at $540-545/tonne cfr Manila, up $5/t on-week. During the week ending 30 September, traders, including in China, were…
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Anonymous
Very good overview of the weekly steel market.
Anonymous