SteelMint

Tag: SE Asia billet import offers

  • SE Asia: Imported billet market exhibit bearish sentiments

    SE Asia: Imported billet market exhibit bearish sentiments

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    by

    Vaibhav Dubey
    in

    South East Asia’s imported billet market sentiments continue to weaken on low demand. The weakness stems from the subdued finished steel market in the region 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 $517/tonne (t) CFR Manila, stable, w-o-w. However,…