Tag: SE Asia billet import prices
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SE Asia: Imported billets market sluggish despite recovery in Chinese futures
The South East Asian imported billets market remained less active for yet another week despite a recovery in the Chinese rebar futures. SteelMint’s bi-weekly assessment of imported billets (150*150mm, 3SP) into the Philippines currently stands at around $630/tonne (t), CFR Manila, up slightly w-o-w. According to data maintained with SteelMint, the Chinese SHFE rebar futures…