Tag: SE Asia billet import offers
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SE Asia: Imported billet market continues to remain silent amid bid-offer disparities
South East Asia’s imported billets market continued to remain silent on low buying interest amid subdued finished steel demand in the region and bid-offer disparities, SteelMint observed. SteelMint’s bi-weekly assessment of BF-route billets (150x150mm, 3SP) imported by the Philippines currently stands at around $538/tonne (t) CFR Manila, a marginal increase of $1/t, w-o-w. Billet offers…