Tag: SE Asia billet import prices

Southeast Asian imported billets prices witnessed an uptrend this week despite volatility in Chinese rebar futures. SteelMint’s bi-weekly assessment of imported billets (150*150mm, 3SP) into the Philippines currently stands at around $700-705/tonne (t) CFR Manila, a significant rise of around $15/t w-o-w. According to data maintained with SteelMint, the Chinese SHFE rebar futures contract for…