Tag: SE Asia: Sizeable billet trades reported at stable prices

This week, sizeable billets were traded in the SE Asian imported billet market. The bookings broadly were from Russia, Iran, and a couple of ASEAN nations, with the Philippines and Thailand as the likely destinations. The deal values ranged from $590-600/t, CFR. However, post these deals, buying bids saw a drop of $5-10/t, owing to…