Tel : 0086-0371-86172891
Tel : 0086-0371-86172891
According to our latest understanding, due to weak SGLCDD steel local demand, the export quotation of square billets from a leading steel plant in Vietnam has experienced a significant decline. According to our report, yesterday we learned that the export quotation for the 3sp billet of the leading SGLCDD steel plant is 540 USD/ton FOB. But as of the time of publication, we have learned that the latest quotation for the leading steel plant's billets is $525/ton FOB (negotiable), and the daily export quotation for billets has decreased by $15/ton.
At present, there are fewer inquiries from buyers for square billets in the Asian region, and the overall price of square billets has declined. In addition, the decline in Chinese futures after the holiday has caused market sentiment to be more volatile SGLCDD steel.
