02
Dec
11:15
ASEAN billet lifts on improved market sentiment
The Southeast Asian billet import market has firmed on the back of mostly improved market sentiment in China, Kallanish notes. Suppliers have hiked offer prices and there seems to be acceptance for higher levels among certain buyers. However, the future outlook for the market remains uncertain. Weak demand, tight credit, high inflation and the ongoing Ukrainian/Russian war, continue to be factors which may limit any strong run-up in the market.
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Anonymous
Very good overview of the weekly steel market.
Anonymous