21
Jul
14:56
ASEAN billet market dips slightly
The ASEAN billet import market remains soft and quiet, Kallanish notes. Over the past week, Chinese billet prices were buoyant in tandem with the stronger Chinese steel futures market. The appearance of Saudi Arabian billet in the Philippines generated some interest.
ASEAN blast furnace billet offers from traders are heard at $510-520/tonne cfr Manila, with the lower end of the range for 3sp grade and the higher for 5sp grade. Most of the ASEAN billet offers …
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Anonymous
Very good overview of the weekly steel market.
Anonymous