Tag: SE Asia billet import prices
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SE Asia: Imported billets offers rise amidst absence of CIS offers, uncertainty
South East Asian imported billets prices witnessed a further increase this week despite the volatility in Chinese rebar futures and ongoing political conflict between Russia and Ukraine. SteelMint’s bi-weekly assessment of imported billets (150*150mm, 3SP) into the Philippines currently stands at around $720/tonne (t) CFR Manila, a significant rise of around $15-20/t w-o-w. According to…