Tag: Billet import
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SE Asia: Imported billets trade remains sluggish amid bid-offer disparities
South East Asia’s imported billets market remained silent on low buying interest amid subdued finished steel demand in the region and bid-offer disparities, SteelMint noted. Offers are still at higher levels of $645/t CFR Manila. However, bids still remain at around $620/t CFR Manila, sources informed. SteelMint’s bi-weekly assessment of BF-route billets (150x150mm, 3SP) imported…