08
Sep
11:10
ASEAN billet buyers steer away in weak market
The billet import market remains flat in the Philippines, Kallanish notes. Suppliers raised their offer prices slightly last week but buyers remained on the sidelines.
Offers for 5sp grade billet of open origin for end-October/November shipment for unspecified ASEAN/Chinese origin are at $515-520/tonne cfr Manila, local and regional market sources said on Friday. “I would say that these would be for ASEAN origin because Chinese offers have gone up,” a …
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Anonymous
Very good overview of the weekly steel market.
Anonymous