Tag: SE Asia billet import offers

Southeast Asia’s imported billet prices witnessed a fall this week amid lower bids, limited trade and weakened finished steel sentiments in the region. SteelMint’s bi-weekly assessment of billets (150x150mm, 3SP) imported by the Philippines currently stands at around $535/tonne (t) CFR Manila, a decrease of around $18/t, w-o-w. As per sources, Manila-based steelmakers booked around…