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Tag: SE Asia imported billet market remains silent as offers surge

  • SE Asia imported billet market remains silent as offers surge

    SE Asia imported billet market remains silent as offers surge

    —

    by

    Pranjal Markale
    in

    SE Asian imported billet market broadly remained silent on high bid-offer spread amid increased global billet prices. The imported billet offers in the region have touched $700/t, CFR. On the other hand, the bids were seen hovering between $680-690/t, CFR. During conversations with a Philippines trader, SteelMint learned that a few of the Philippines-based mills…