18
Jul
12:52
ASEAN billet market softens
The ASEAN billet import market has softened further with deals taking place at slightly lower levels, Kallanish notes. Buyers are willing to accept less popular billet because of its lower prices.
A 26,000-tonne cargo of Russian 5sp grade 125mm billet for August shipment was booked last Friday at $510/tonne cfr Manila. In Thailand, a buyer has disclosed a 10,000t order done on Monday of 3sp grade 100mm billet from another Russian mill at $500/t cfr. A Singapo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous