Tag: Imported SE Asia prices
-
SE Asia: Imported billet prices rise w-o-w amid recovery in Chinese rebar futures
Imported billet prices in Southeast Asia recorded an increase this week following an uptick in the Chinese rebar futures market. Notably, buyers in the Southeast Asia region remained cautious over the sustainability of higher offers. BigMint’s bi-weekly assessment reported that billets (150 x 150 mm, 3SP) imported by the Philippines were priced at $470/tonnes (t)…