Tag: SE Asia billet import prices

South East Asian imported billets prices witnessed an uptrend this week after a sharp hike in Chinese rebar futures. SteelMint’s bi-weekly assessment of imported billets (150*150mm, 3SP) into the Philippines currently stands at around $655-660/tonne (t), CFR Manila, a significant rise of $22/t, w-o-w. According to data maintained with SteelMint, the Chinese SHFE rebar futures…