23
Jun
13:01
ASEAN billet buyers adopt wait-and-see stance
The Philippine billet market was quiet as most importers are still bidding below offer prices, Kallanish notes. The market hardly moved last week with buyers adopting a wait-and-see approach and suppliers keeping their offers firm.
Offers for 5sp grade 130mm/150mm square open-origin blast furnace billet for August shipment are unchanged for the last two weeks at $530-540/tonne cf Manila. Last week, re-rollers heard Russian 5sp 125mm billet for July shipment was of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous