31
Mar
12:49
ASEAN billet import market heads south
The Philippines billet import market continues to falter, Kallanish notes. Buyers are staying away because they have bearish sentiment and domestic demand for rebar is still sluggish.
Most offers for 5sp grade 130mm/150mm square billet from ASEAN and China are prevailing at $600-610/tonne cfr Manila. A Manila importer reported on Friday that a trader was offering Indonesian 5sp 130mm blast furnace billet for May shipment at $595/t cfr. “Demand [for rebar] is…
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