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Market Reports

12May
US-China tariff pause boosts Tangshan billet market

A newly announced pause in the US-China trade war boosted sentiment among Tangshan billet traders on …

Kallanish Asia
9May
Buyers bid below falling Chinese billet export prices

The billet market was relatively stable in ASEAN but slipped in China last week, Kallanish notes. …

Anna Low Singapore
7May
Iran billet prices hold amid currency appreciation

Despite a nearly 20% appreciation of the Iranian rial, driven by ongoing progressive negotiations between Iran …

7May
UAE scrap outlook dims on tensions, sufficient stock

Escalating tensions between India and Pakistan, two major export markets for United Arab Emirates-origin scrap, have …

7May
Saudi scrap prices ease, strategies diverge among mills

Scrap prices in Saudi Arabia’s central region, encompassing Riyadh and Al Kharj, have recorded a modest …