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Currently, domestic billet export prices are around $440-445 per ton, with a strong willingness to maintain prices.
Currently, domestic billet export prices are around $440-$445 per ton, with steel mills generally accepting export orders and showing a strong willingness to maintain prices. According to research, export orders are mainly concentrated in Northeast China, with a small number of orders in East China and North China. Most orders have delivery dates in February and March, with a few scheduled for April. In the overseas market, this week Indonesia’s billet export market saw actual transactions. Saudi buyers placed orders with Indonesian suppliers for 90,000 tons of low-manganese billet at a CFR price of $470-$474 per ton to the West Coast ports of Saudi Arabia, with delivery planned for May. (Mysteel)