Billet offers to Philippines

SteelOrbis has been informed that the Russian origin billet offers to the Philippines market currently stand at around $380/mt CFR, whereas Taiwanese origin billet offers to the same market are at around $385/mt CFR. SteelOrbis understands that there is no strong billet demand in the Philippines market, and that the buyers' price idea for the conclusion of purchases is ranging between $360/mt and $370/mt CFR.