23
Sep
07:41
Manila billet market pauses on limited demand, offers
The billet import market in Manila saw sparse trading activity last week, Kallanish notes. Suppliers continue to hold their offers firm while most buyers are on the sidelines after restocking earlier this month.
Offer prices for 130mm 5sp billet are firm at $550-560/tonne cfr Manila, Philippine trading sources say. A Manila buyer sees offers at $550-555/t cfr. Another importer received an offer for 5sp billet on 21 September at $545/t cfr, and the f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous