14
Apr
08:11
ASEAN billet market moves sideways
The Southeast Asian billet import market continues to be quiet, Kallanish notes. Certain supplying mills, especially for induction furnace billet, are lowering prices to entice buying.
In Manila, offers are limited, a local trader says. Russian blast furnace billet offers are at $780-785/tonne cfr but most buyers are not considering this material because of the prevailing sanctions on Russian exports and payment complications.
Vietnamese induction furnace b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous