Author: Pranjal Markale
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Vietnam: Leading mill concludes billet export deal to Philippines
A leading Vietnamese steel mill reportedly sold around 30,000-40,000 t of billets (modified 5SP grade) to the Philippines at around $680/t, CFR. The shipment is likely to be scheduled for Aug’21. SteelMint’s bi-weekly assessment for imported billet in South East Asia, published on 22 Jun, stood at $670-680/t, CFR Manila.