13
Jan
11:55
Billet market shoots upwards in ASEAN
The ASEAN billet import market continues to rise on bullish sentiment, Kallanish notes. Suppliers are continuously pushing up the market amid bullish expectations of a strong rebound in construction steel demand in China after the Lunar New Year. Regional buyers have been trying to resist the price hikes but those who need to restock may have little choice, regional traders note.
A couple of deals for regional 130mm 5sp ASEAN billet for February shipment were hear…
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Anonymous
Very good overview of the weekly steel market.
Anonymous