26
Apr
08:52
Billet edges up in Philippines
Billet offers remained firm over the past week in ASEAN, Kallanish notes.
Offers in Manila for 5sp 130/150mm square blast furnace open-origin billet from Asean/China for June/July shipment are now $530-535/tonne cfr compared to $520-530/t cfr Manila on 19 April.
There are no confirmed trades heard during the past week, trading sources report. Buyers’ bids are trailing behind the ever-rising offers. “Buyers are still asking $510-515/t c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous