21
Apr
10:22
ASEAN billet market slips lower
The billet import market in Southeast Asia was quiet during the week through 21 April due to the continued price downturn. The approaching Eid holiday also dampened buying interest, Kallanish notes.
Offers for 5sp grade 130/150mm billet for June shipment from ASEAN and China were prevailing at around $570/tonne cfr Manila on Thursday. A cargo of around 10,000 tonnes of Vietnamese induction furnace 5sp 130mm billet for June shipment was heard ordered at $550/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous