Tag: SE Asia billet import market
-
SE Asia: Billet import market quiet despite renewed Chinese buying
South East Asia’s imported billet market has remained quiet, although bids have increased tracking the hike in Chinese steel futures and active trades in China. SteelMint’s bi-weekly assessment for billet export offers from South East Asia are currently at $695/tonne (t) CFR Manila, up $25-30/t against last week. On the other hand, SE Asian mills…