Tag: SE Asia billet import market update
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SE Asia: Imported billets market inactive on weak demand ahead of holidays
The South East Asian imported billets market remained sluggish on weak demand, although offers for the same were stable this week. SteelMint’s bi-weekly assessment of imported billets (150*150mm, 3SP) into the Philippines currently stood at $635/tonne (t), CFR Manila, stable, w-o-w. Meanwhile, most of the buyers in the SE Asian region have already retreated ahead…