Tag: SE Asia billet import offers

SE Asia: Imported billets prices continue rally, deals from China concluded

Mar 25, 2022

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by

Vaibhav Dubey

in Billet

South East Asia’s imported billets prices continued an upward trend this week amidst ongoing supply concerns. SteelMint’s bi-weekly assessment of imported billets (150*150mm, 3SP) into the Philippines currently stands at around $800-830/tonne (t) CFR Manila. The hike in Chinese SHFE rebar futures also supported prices. According to data maintained with SteelMint, China’s rebar futures contract…