Tag: Billet import
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SE Asia: Billet import prices remain range-bound, trade muted
South East Asia’s imported billet prices remained range-bound this week due to a lack of significant trading activity. SteelMint’s bi-weekly assessment of billets (150x150mm, 3SP) imported by the Philippines currently stands at around $645/tonne (t) CFR Manila. However, a parcel of Japanese EAF-grade billets (130x130mm) was concluded at around $650/t CFR Manila towards the end…