Tag: SE Asia billet import

South East Asia’s imported billet prices remained supported by the production cuts imposed by the Chinese government recently and the bullish rebar futures market. SteelMint’s bi-weekly assessment of imported billets into the Philippines stands at $720/tonne(t), CFR Manila, up by $5/t w-o-w. A few offers were even heard at around $730/t CFR. Thailand-based mills explore…