Tag: SE Asia billet import offers

South East Asia’s imported billet prices remained supported this week. However, bid-offer disparities, marginal correction in global scrap prices and weakened finished steel sentiments in the region kept deals at bay. SteelMint’s bi-weekly assessment of billet (150x150mm, 3SP) imported by the Philippines currently stands at around $540/tonne (t) CFR Manila, stable, w-o-w. Market highlights Vietnam’s…