Tag: SE Asia billet import offers
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SE Asia: Imported billet offers edge up on supportive sentiments
South East Asia’s imported billet prices remained supported as the futures market remained bullish with Chinese buyers turning active for bookings this week. Mills have raised billet export offers to $690-695/tonne (t) CFR Manila against $680-685/t CFR Manila, a week ago, as per sources. However, buyers’ bids are still at around $680/t CFR and thus…