SteelMint

Tag: SE Asia billet import offers

  • SE Asia: Billet import prices continue to slide down, trade muted

    SE Asia: Billet import prices continue to slide down, trade muted

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    by

    Vaibhav Dubey
    in

    South East Asia’s imported billet prices continued their downward trend this week due to no trading activity. Buyers have adopted a wait-and-watch mode on more price cut expectations amid a continuous weakening of finished steel sales in the region. SteelMint’s bi-weekly assessment of billets (150*150mm, 3SP) imported by the Philippines currently stands at around $670/tonne…