06
Jun
11:36
ASEAN billet prices lift
Billet export prices have risen in ASEAN, but regional end-users are so far staying on the sidelines, Kallanish notes. Weak finished steel demand in the region is preventing re-rollers from accepting the billet price increase, with traders the ones taking in cargoes in recent days.
Offers for 5sp grade 130mm/150mm square blast furnace billet for shipment by mid-August have risen to $530-540/tonne cfr Manila from $510-515/t cfr last week Friday. These are for …
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Anonymous
Very good overview of the weekly steel market.
Anonymous