SteelMint

Tag: SE Asia billet import prices

  • SE Asia: Chinese rebar futures support imported billets prices

    SE Asia: Chinese rebar futures support imported billets prices

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    by

    Vaibhav Dubey
    in

    South East Asian imported billets prices remained supported this week. SteelMint’s bi-weekly assessment of imported billets (150*150mm, 3SP) into the Philippines currently stands at around $635/tonne (t), CFR Manila, up by $6/t, w-o-w. For 5SP billets, offers were heard at around $635-640/t, CFR Manila. Hike in Chinese SHFE rebar futures has supported the prices. According…