06
May
15:44
Sellers lower billet export prices to ASEAN
The Southeast Asian billet import market continues to weaken, Kallanish notes. Suppliers are eager to close deals, whereas buyers are preferring to delay their purchases. Offer prices moved down in the past week.
In Manila, Japanese electric arc furnace billet offers are at $745/tonne cfr, down from $760-770/t cfr in the last week of April. A leading Vietnamese producer is offering 150mm or 130mm square billet at $760/t cfr. Vietnamese blast furnace bill…
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Anonymous
Very good overview of the weekly steel market.
Anonymous