Tag: SE Asia billet import offers

South East Asia’s imported billets market sentiments continue to weaken on the back of low demand. The weakness stemmed from a subdued finished steel market in the region that was hampered by unpleasant weather conditions. SteelMint’s bi-weekly assessment of billets (150x150mm, 3SP) imported by the Philippines currently stands at around $540/tonne (t) CFR Manila, a…