29
Sep
16:08
ASEAN billet import market drifts on weak demand
The ASEAN billet import market was sluggish last week, Kallanish notes. Regional finished steel demand remained weak and continued price volatility in China added to the already weak market sentiment.
An order for 20,000 tonnes of 3sp 150mm Chinese billet for November shipment was made in the past few days, an Indonesian re-roller reports. He heard of the offer at $510-515/tonne cfr Jakarta but is unsure of the final booking price. Chinese 3sp billet fro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous