16
Dec
10:26
Philippine billet import market propels higher
The billet import market in the Philippines continues to rise, Kallanish understands. Suppliers and mills are continuously increasing prices in tandem with a positive Chinese steel market.
A 20,000-tonne cargo of Indonesian 130mm 5sp blast furnace billet was concluded at $545/tonne cfr Manila on 13 December, local market sources report. The January/February-shipment cargo was sold directly to a reroller. New firm offers are prevailing at $570/t cfr Manil…
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Anonymous
Very good overview of the weekly steel market.
Anonymous