01
Nov
13:06
Chinese billet sparks memories of non-performance in ASEAN
Southeast Asian importers appear to be generally staying away from Chinese billet, Kallanish notes. They are adopting a wait-and-see stance until there is more clarity on the direction of the market. There are also concerns that Chinese suppliers could repeat non-performance, renegotiations, and delays in executing contracts should prices suddenly rise.
Thai buyers are afraid of facing losses if prices continue to drop, a Bangkok trader says. On the othe…
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