Tag: SE Asia billet import offers

South East Asia’s imported billet market sentiments weakened this week on low buying interest. The weakness stems from the subdued finished steel market in the region and bid-offer disparities, SteelMint understands. SteelMint’s bi-weekly assessment of BF-route billet (150x150mm, 3SP) imported by the Philippines currently stands at around $535/tonne (t) CFR Manila, a marginal decrease of…