SteelMint

Tag: SE Asia billet market update

  • SE Asia: Billet imports offer stable on slow trade

    SE Asia: Billet imports offer stable on slow trade

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    by

    Pranjal Markale
    in

    The southeast Asian billet import market was stable this week amid few trades, with some support coming from a sharp increase in China’s rebar futures. SteelMint assessed billet offers in the SE Asia region at $420-430/t, CFR, unchanged from last week. China’s rebar futures increased by RMB 55/t during the week, resulting in a marginal…