SteelMint

Tag: Billet import

  • Billet import prices in South East Asia stay flat w-o-w; trades muted

    Billet import prices in South East Asia stay flat w-o-w; trades muted

    —

    by

    Vaibhav Dubey
    in

    South East Asia’s imported billet prices remained unchanged this week amid lower bids, limited trade and weakened finished steel sentiments in the region. SteelMint’s bi-weekly assessment of billet (150x150mm, 3SP) imported by the Philippines currently stands at around $585/t CFR Manila, stable on week. The volatility in China’s SHFE rebar futures weighed on prices. According…