23
Aug
11:43
Indian semis charge into SE Asia
Indian semi-finished products are now the most competitive in Southeast Asia, Kallanish understands. Since appearing in the region in recent weeks, Indian semis have displaced Russian material as the lowest-priced import source.
Indian coil-making slab was offered at around $435/tonne cfr Indonesia, compared to slab from Russia at $440-445/t cfr, Indonesian trading sources report. An Indonesian re-roller ordered last week a 40,000t cargo, for Sept…
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Anonymous
Very good overview of the weekly steel market.
Anonymous