Tag: Japan billet market update

Japan’s electric-arc-furnace (EAF) steel producers have refrained from selling their billet to the Asian buyers despite the recent active inquiries, still waiting for further price rises, officials from mini-mill in Tokyo, and Osaka shared on November 5. The Japan-origin SD295A 120-150mm billets are currently bid at Yen 44,000-44,500/t ($422-427/t) FoB, up Yen 500/t from the…