09
Aug
09:24
ASEAN billet dips to lows on negative sentiment
The billet import market in ASEAN continues to see weakness amid volatility and negative sentiment in China, Kallanish notes on Friday. ASEAN billet prices are falling to levels to compete with Chinese billet.
A leading Indonesian mill is heard to be offering 3sp 150mm base grade billet for October shipment as low as $455/t fob to specific traders. On Friday, the mill relented to counter-offers from traders at $450/t fob. It was heard to have closed large-tonnage …
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Anonymous
Very good overview of the weekly steel market.
Anonymous