Following the declines seen in Chinese billet export prices today, January 15, Chinese billet offers to Philippines have also moved down to $530-535/mt CFR Manila port. Market sources believe that the downward movement of Chinese billet export prices will continue with the possibility of Chinese billet offers to Philippines to fall to the price level of $520-525/mt CFR.
Chinese billet offers to Philippines move down
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Marketplace Offers
Billet
Length: 6 m
Edge Length1: 100 - 150 mm
Edge Length2: 100 - 150 mm
MODERN STEEL MILLS
Length: 6 m
Edge Length1: 100 - 150 mm
Edge Length2: 100 - 150 mm
MODERN STEEL MILLS
Billet
Length: 3 - 6 m
Edge Length1: 100 mm
Edge Length2: 100 mm
SHATTAF STEEL IND. CO. LLC.
Length: 3 - 6 m
Edge Length1: 100 mm
Edge Length2: 100 mm
SHATTAF STEEL IND. CO. LLC.
Billet
Length: 3 - 6 mm
Edge Length1: 125 mm
Edge Length2: 125 mm
SHATTAF STEEL IND. CO. LLC.
Length: 3 - 6 mm
Edge Length1: 125 mm
Edge Length2: 125 mm
SHATTAF STEEL IND. CO. LLC.