Imported billet prices in Southeast Asia remained stable this week amid weakening outlook and stagnant demand ahead of Christmas and New Year. Deals were absent as buyers have exited the market on holidays. Notably, bids for billet were at $455-460/t CFR Manila. Prices of billets (150 x 150 mm, 5SP) imported by the Philippines were heard at $460/t CFR Manila, stable w-o-w.
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