SteelMint

Tag: SE Asia billet import offers

  • SE Asia: Imported billet prices stay supported but trades remain muted

    SE Asia: Imported billet prices stay supported but trades remain muted

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    by

    Vaibhav Dubey
    in

    South East Asia’s imported billet prices remained supported this week. However, lower bids and weakened finished steel sentiments in the region kept trades at bay. SteelMint’s bi-weekly assessment of billet (150x150mm, 3SP) imported by the Philippines currently stands at around $553/tonne (t) CFR Manila, a marginal increase of around $5/t, w-o-w. Market highlights Vietnam’s billet…