12
Aug
10:44
ASEAN billet importers hesitate to place orders
The ASEAN billet market continues to be lacklustre with most buyers staying on the sidelines, Kallanish notes. Exporters’ offer prices are steady for blast/electric arc furnace billet. Thai-origin induction furnace billet prices rose on rising domestic scrap.
Offers for EAF/blast furnace billet imports were at around the same levels on-week, at $540-550/tonne cfr Manila. Traders say they see scarce buying interest. A Manila trader observes he did not re…
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Anonymous
Very good overview of the weekly steel market.
Anonymous