Tag: Billet import
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SE Asia: Imported billets prices stay supported, trades muted
South East Asia’s imported billets prices remained supported this week. However, low buying interest amid subdued finished steel demand in the region and bid-offer disparities kept trades at bay, SteelMint noted. SteelMint’s bi-weekly assessment of BF-route billets (150x150mm, 3SP) imported by the Philippines currently stands at around $625/t CFR Manila, an increase of around $10/t…