Tag: SE Asia billet import market update
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SE Asia: Imported billet offers stable w-o-w; market remains quiet
The Southeast Asian imported billet market remained silent due to lower buying interest. Meanwhile, billet prices were recorded at a similar level compared to last week. Absence of billet tenders has been witnessed. According to sources, billet import offers remained at same levels w-o-w at $525-530/tonnes (t) CFR Manila. In addition, bids are below $520/t…