Tag: SE Asia billet import offers
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SE Asia: Imported billet offers surge; market sluggish amid bid-offer disparity
South-East Asia’s imported billet market remains largely inactive this week due to the gap between bids and offers, SteelMint notes. Imported billet offers were heard at around $575-580/tonne (t) CFR. However, bids are yet to improve as it stands around $565/t CFR, a source informed SteelMint. SteelMint’s biweekly assessment of BF-route billets (150x150mm, 3SP) imported…