08
Mar
12:29
ASEAN longs prices spring up
Market participants in Southeast Asia are struggling to keep abreast of the surge in prices for long products, Kallanish notes. Regional longs prices continue to shoot up this week in tandem with global markets.
Offers for regional blast furnace 6.5mm diameter wire rod from Malaysia and Indonesia are prevailing at $860-865/tonne cfr Manila, up from $830/t cfr last Thursday. A Vietnamese mill’s export offer for blast furnace wire rod is a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous