Tag: SE Asia billet import offers

South East Asia’s imported billet market sentiments continue to weaken on low buying interest. The weakness stems from the subdued finished steel market in the region, bid-offer disparities and falling global scrap prices, SteelMint understands. SteelMint’s bi-weekly assessment of BF-route billet (150x150mm, 3SP) imported by the Philippines currently stands at around $525/tonne (t) CFR Manila,…