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19 Apr
13:11

ASEAN billet import prices slip

The Southeast Asian billet import market is showing signs of price softening, Kallanish understands. Buyers are, however, not biting yet.  The higher-end of the offers generally at $800-830/tonne cfr Manila last week have come off. Offers for EAF 130mm square billet sourced from the region are prevailing at $810/t cfr Manila. Regional 130mm blast furnace billet are now offered at $810-820/t cfr Manila, depending on the steel chemistry. The…
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