Author: Indranath Jha
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SE Asia: Imported billets market muted in absence of trade
The imported billets market in South East Asia remained muted in the absence of active trade. Rising Covid cases in the Philippines continued to weigh on buying inquiries for imported billets. SteelMint’s bi-weekly assessment of imported billets into the Philippines stands at $690/tonne(t), CFR Manila, down by $20-25/t w-o-w. Market highlights Vietnam’s BF-route billet export…