14
Oct
13:18
ASEAN billet market awaits direction from China
The billet import market dipped slightly in Southeast Asia last week, Kallanish notes. While suppliers mostly maintained their offer prices in the Philippines, there were some deals heard concluded at slightly below these levels.
Sellers are offering 5sp 130mm blast furnace regional billet at $535-545/tonne cfr Manila, as of 14 October. An Indonesian blast furnace mill’s offer for 3sp 150mm billet for December shipment was reported at $540/t cfr J…
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Anonymous
Very good overview of the weekly steel market.
Anonymous