SteelMint

Tag: SE Asia billet import market

  • SE Asia: Billet import prices remain supported but trade subdued

    SE Asia: Billet import prices remain supported but trade subdued

    —

    by

    Vaibhav Dubey
    in

    South East Asia’s imported billet prices remained supported this week. However, not many deals were recorded. SteelMint’s bi-weekly assessment of imported billet offers from South East Asia currently stood unchanged at $695-700/tonne (t) CFR Manila. However, the markets turned quiet with sharp volatility in Chinese SHFE re-bar futures witnessed this week. Market highlights Vietnam’s billet…