07
Jun
14:43
Iranian, Russian billet depress ASEAN market
Iranian and Russian billet continue to weigh on the ASEAN import market, Kallanish notes.
Certain traders are offering Iranian 150mm 5sp billet at $600-610/t cif Thailand. A Thai trader thinks that they are inviting bids and that these offers are not firm. "Traders are trying to match the price idea from buyers," he says. Others say that current offers for Iranian billet are prevailing at $630-640/t cif Thailand. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous