Tag: SE Asia billet import market update

SE Asia: Imported billets market silent on weak demand, volatile rebar futures

Dec 10, 2021

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by

Vaibhav Dubey

in Billet

The South East Asian imported billets market remained passive this week while prices were mostly stable as Chinese buyers were absent and importers from the South East Asian region adopted a wait-and-watch mode. SteelMint’s bi-weekly assessment of imported billets (150*150mm, 3SP) into the Philippines currently stood range-bound at $640/tonne (t), CFR Manila. Low domestic demand…