26
Jan
10:08
Billet prices inch up in ASEAN
The ASEAN billet import market rose last week on higher asking prices, Kallanish notes. The hikes sought by suppliers are moderate because regional buying remains slow. Finished steel demand is weak and cannot support higher billet prices.
Most offers for 5sp 130mm or 150mm square blast furnace billet from ASEAN/China for March shipment have risen to $560/tonne cfr Manila, up by $10/t from the week before, trading sources say. A local trader says he is not receivi…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous