03
Feb
11:03
ASEAN billet edges up, position cargoes soften sentiment
The billet import market in Southeast Asia picked up momentum last week. Several deals touched $600/tonne cfr Manila, indicating that buyers were willing to pay more. However, the releasing of traders' position cargoes in the market could dent sentiment.
Regional mills’ target offer prices remain beyond the reach of buyers because of sluggish regional demand, Kallanish notes.
A 10,000-tonne cargo of ASEAN-origin 130mm 5sp …
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