Billet offers in Philippines
Offers in the Philippines market for Q235 grade billets are in the range of $540-545/mt CFR Manila port, for July shipments. 20MnSi offers are reported to be around $5-10/mt above the Q235 grade price level. Currently, customers in this market do not seem eager to accept such levels and are pushing for the most recently booked numbers at around $535/mt CFR.
Similar articles
Panhua Group to start operations at $1 billion steel plant in Philippines in June
26 May | Steel News
SE Asian billet buyers more active in negotiations, some price rises accepted
14 May | Longs and Billet
Ex-China billet prices stable but pressure remains, ex-Indonesia offers inch up again
14 Apr | Longs and Billet
Sellers take back high $500/mt CFR billet offers in SE Asia as ex-China prices soften
02 Apr | Longs and Billet
SE Asian billet importers expect stabilization of prices after recent jump
19 Mar | Longs and Billet