Tag: Billet import
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SE Asia: Billet import market remains bearish as prices fall w-o-w
South-East Asia’s imported billet market remained largely inactive this week, with prices falling w-o-w due to low buying interest, SteelMint notes. SteelMint’s bi-weekly assessment for billet (150x150mm, 3SP) imported by the Philippines currently stands at around $530/tonne (t) CFR Manila, down by around $5/t, w-o-w. Market highlights Thailand’s imported billet market silent: Thailand’s billet market…