05
Jan
10:08
Bullish billet exporters keep offers high in ASEAN
The ASEAN billet market remained firm last week, Kallanish notes. End-users continue to delay buying but offers from suppliers remained firm.
Most back-to-back offers for 5sp 130mm or 150mm blast furnace billet from ASEAN/China for February/March shipment exceed $550/tonne cf Manila, Philippine trading sources say. Some regional traders note offers were higher at $555-560/t cfr. Offers are at $550/t cfr Manila and there are no signs of prices falling despite the S…
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Anonymous
Very good overview of the weekly steel market.
Anonymous