14
Apr
11:08
ASEAN billet buyers steer away from negative market
The billet import market in Manila continues to be negative as suppliers try to undercut each other to close deals, Kallanish notes. However, buyers are not enticed and are unwilling to place orders in the falling market.
Offers for 5sp grade 130/150mm billet for May shipment from ASEAN and China are prevailing at $560-565/tonne cfr Manila, importing sources say. These prompt shipment cargoes are $20/t lower than 7 April. Offers for 5sp billet from multiple mills …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous