Tag: SE Asia billet offers
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SE Asia: Billet import market silent on bearish sentiments, bids fall further
South East Asia’s billet import market remained silent throughout this week due to muted trading activity. Bid-offer disparity, cheap Russian billet offers and the weakening in finished steel sales in the region continued to keep buyers out of the market. SteelMint’s bi-weekly assessment of billet (150x150mm, 3SP) imported by the Philippines currently stands at around…