As the number of Chinese offers have declined in the region, sources close to SteelOrbis report import deal activity in Asia from varied countries over the past week. The activity includes several billet import deals in the Philippines at $530-535/mt CFR, a CIS billet deal at $540-543/mt to an undetermined destination in Southeast Asia, and an Indian billet deal to Thailand at $521-523/mt CFR.
Billet deals in Asia
Marketplace Offers
Billet
Length
6 m
Edge Length1
100 - 150 mm
Edge Length2
100 - 150 mm
Tedarikçi
MODERN STEEL MILLS
Billet
Length
3 - 6 m
Edge Length1
100 mm
Edge Length2
100 mm
Tedarikçi
SHATTAF STEEL IND. CO. LLC.
Billet
Length
3 - 6 mm
Edge Length1
125 mm
Edge Length2
125 mm
Tedarikçi
SHATTAF STEEL IND. CO. LLC.
Similar articles
SE Asian billet market resists previous ex-Asia offer rise, buyers focus on cheaper options
27 Feb | Longs and Billet
Traders’ aggressive offers bring import billet prices to new low in SE Asia
12 Apr | Longs and Billet
Higher billet prices accepted in the Philippines, despite ongoing resistance
03 Mar | Longs and Billet
Billet prices in SE Asia rise slower than expected, but mood still bullish
23 Feb | Longs and Billet
Ex-ASEAN billet suppliers hike prices too high for SE Asian customers to follow
15 Dec | Longs and Billet
Billet offers in SE Asia rise without demand support, deals done only for cheaper ex-Iran billet
01 Dec | Longs and Billet