Tag: Billet import
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SE Asia’s billet import market passive ahead of holidays
South East Asia’s imported billet market continued to remain silent on low buying interest and sluggish finished steel demand in the region ahead of the New Year holidays. SteelMint’s bi-weekly assessment of billet (150x150mm, 3SP) imported by the Philippines currently stands at around $566/tonne (t) CFR Manila, stable, w-o-w. Market highlights Vietnam’s billet export offers…