SE Asian imported billet prices remain range-bound in absence of active trades

Southeast Asian billet (150 x 150 mm, 3SP) prices remained largely range-bound w-o-w at $490/t CFR Manila on 25 Oct’24, as per BigMint’s bi-weekly assessment. Offers in the SE Asian market were heard at around $490-495/t CFR for billets (150 x 150 mm, 5SP). Weak buying interest and the absence of trades kept prices under pressure.