SteelMint

Tag: SE Asia

  • SE Asia: Billet import market quiet as bearish sentiments prevail

    SE Asia: Billet import market quiet as bearish sentiments prevail

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    by

    Vaibhav Dubey
    in

    South East Asia’s imported billet market remained silent throughout the week amid low buying interest, Ramadan holidays and subdued finished steel sales. SteelMint’s bi-weekly assessment of billet (150*150mm, 3SP) imported by the Philippines currently stands at around $755/tonne (t) CFR Manila, stable, w-o-w. “Just offers are moving around in the market, no firm bids. Markets…