15
Dec
10:54
Manila billet market observes several lower-priced offers
The price gap in the Manila billet market is narrowing with the appearance of some low-priced offers, Kallanish notes.
Several offers for 5sp blast furnace billet from ASEAN/China for end-January/Feb shipments have fallen to $536-538/tonne cfr, trading sources say. Offers were prevailing at $540-560/t cfr the previous week.
An offer for 10,000 tonnes of 130mm square 5sp Indonesian billet was floated at $533/t cfr in the market earlier last week. The low pri…
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Anonymous
Very good overview of the weekly steel market.
Anonymous