12
May
09:43
Billet offer prices widen in Manila
The billet import market in Southeast Asia is seeing some price volatility, Kallanish notes. Certain suppliers are heard to be offering at lower levels, but others are trying to hike prices.
Offers for 3sp/5sp blast/electric arc furnace billet for June/July shipment are prevailing at $525-535/tonne cfr Manila, several Manila traders say.
A regional trader also says he sees most traders seeking to export 5sp billet at a minimum of $535-540/t cfr Manila and that re…
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Anonymous
Very good overview of the weekly steel market.
Anonymous