15
Aug
13:10
Russian billet resurfaces in ASEAN
Russian billet has once again resurfaced in the ASEAN region, Kallanish notes. A certain Russian mill was offering 3sp grade billet at competitive prices last week.
Orders for 3sp grade 100mm square billet from the Russian mill were heard in the Philippes last week. One reroller booked 15,000t at $510/t cfr, and then another reroller booked 10,000t at $500/t cfr. The end-October-shipment cargoes are bound for Cagayan port where freight costs are around $15/t highe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous