Tag: SE Asia billet import market update
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SE Asia: Imported billets prices inch down
The South East Asian imported billets trade gained some momentum after seeing some recovery in Chinese rebar futures. A few deals from South East Asian markets were heard concluded for China. However, prices have witnessed a slight correction, w-o-w. SteelMint’s bi-weekly assessment of imported billets (150*150mm, 3SP) into the Philippines currently stood at around $635-640/tonne…