27
Sep
12:13
Chinese billet prices slide in ASEAN
Chinese billet offers have fallen to competitive levels, Kallanish notes. Chinese billet exporters are being more aggressive amid weaker domestic market sentiment and they seem keen to close deals ahead of the Golden Week holiday.
Prices started trending down on several factors, including concerns over the mounting debt of Chinese property developers and the still overall sluggish demand for long products, a Singapore mill source says.
Market sentiment has defini…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous