22
Sep
13:17
Iranian, Russian billet gains more interest in ASEAN
Suppliers’ offers for billet in the Philippines are creeping up, Kallanish notes. Russian and Iranian billet appears to have gained interest in the region because of its more attractive pricing.
Offers for 5sp grade 130/150mm billet for November shipment for unspecified ASEAN/Chinese origin rose to $520-525/tonne cfr Manila, up from $515-520/t cfr a week ago. A Philippine reroller is heard to have booked 5sp 125mm billet from Russia during 15 September week …
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Anonymous
Very good overview of the weekly steel market.
Anonymous