Tag: SE Asia billet import market

SE Asia: Imported billets trade remain slow amid bid-offers disparities, drop in SHFE futures

Apr 8, 2022

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by

Vaibhav Dubey

in Billet

South East Asia’s imported billets market has remained less active due to the price gap between bids and offers. The weakening of buy-side sentiments kept bids on the lower side and hence held back trade. SteelMint’s bi-weekly assessment of imported billets (150*150mm, 3SP) into the Philippines currently stands at around $810/tonne (t) CFR Manila, largely…