Major steel billet exporters reduce offer prices into Asia amid continuing impasse

Two major steel billet sellers have attempted to break the current lull in market activity in Asia by reducing their offer prices for the semi-finished material this week, sources told Fastmarkets on Tuesday December 14.

A major Indonesian blast furnace (BF)-based mill slashed its offer prices for billet after a long period without sales to China, which is by far the mill’s largest outlet for...

Published

Lee Allen

December 14, 2021

15:04 GMT

London