SteelMint

Tag: SE Asia import billet price

  • SE Asia: Imported billet prices drop amid weak sentiment

    SE Asia: Imported billet prices drop amid weak sentiment

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    by

    Nikita Shukla
    in

    South East Asia’s imported billet prices declined amid weak demand in the region. Meanwhile, billet (150x150mm, 5SP) offers are at the range of $500-505/t CFR Manila and bids are around $495-500/t CFR Manila. According to BigMint’s bi-weekly assessment, billet (150x150mm, 3SP) imported by the Philippines currently stands at $495-500/t CFR Manila, drop of $8/t compared…