SteelMint

Tag: SE Asia billet import market update

  • SE Asia: Imported billets prices fall on less active trade

    SE Asia: Imported billets prices fall on less active trade

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    by

    Vaibhav Dubey
    in

    The South East Asian imported billets market remained subdued this week in the absence of firm bids. SteelMint’s bi-weekly assessment of imported billets (3 SP) into the Philippines stood at $640/tonne (t), CFR Manila, down by around $20/t, w-o-w. “The market is less active currently. For 5 SP billets, price indications are around $640-650/t, CFR,”…