Philippines Analyses

SteelOrbis provides the latest longs and billet prices and price trends via the longs and billet price reports and market analyses listed below. These longs and billet price reports are derived from actual longs and billet market transactions and they can also be viewed on a weekly basis by using the archive drop-down tool below.

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Start Date

End Date

29 Feb

Billet prices in SE Asia seem to have hit bottom, new offers stable or a little higher

08 Feb

SE Asian billet market ends pre-holiday week with bearish note, but offers stable amid minimal trading

04 Jan

SE Asian billet customers likely to accept higher billet prices soon

12 Dec

Ex-Russia billet prices rise in latest deals in Asia amid lack of cheaper options

07 Dec

High costs and post-holiday restocking in China to provide very limited support to Asian billet prices

28 Sep

Gap between sanctioned billet prices and Asian origins narrows in SE Asia

20 Sep

Trading in import billet market in SE Asia shows signs of improvement, prices slightly higher

31 Aug

Billet buyers in Philippines wait for prices to break $500/mt CFR mark, no improvement in mood

29 Aug

Import billet prices in Asia down, but customers ask for more declines

24 Aug

Import billet prices in SE Asia can’t move as supply stable, very limited trading in East Asia

22 Aug

Ex-ASEAN billet prices down slightly again as oversupply not resolved by Chinese output cuts

18 Aug

Free Global View on Billet: Optimism strengthens this week, though negatives still exist in Asia

10 Aug

Wire rod in Asia moves down due to weakening mood, sellers’ need to push volumes

28 Jul

Wire rod prices in Asia on the rise after gains in China

21 Jul

Free Global View on Billet: Mood remains negative everywhere despite stable Chinese market

20 Jul

Activity in SE Asian billet market improves, importers achieve slightly lower deal prices

19 Jul

Philippines resumes ex-Russia billet purchases after pause, more offers may start to come

14 Jul

Global View on Billet: Prices fall rapidly in Turkey, but fluctuate in limited range in Asia

13 Jul

SE Asian billet market stuck as prices cannot move either direction due to futures fluctuations, slack demand

11 Jul

Ex-ASEAN mills’ offers relatively stable after previous drop, moods bearish as China weakens

15 Jun

Import billet prices stay too high for most buyers in SE Asia

09 Jun

Global View on Billet: Uptrend continues, prices in Asia rise at faster pace

02 Jun

ASEAN mills hike billet offers by up to $20/mt amid China’s property stimuli expectations

01 Jun

Lowest import wire rod offers disappear in SE Asia, suppliers consider hikes

25 May

Chinese traders drop billet prices below $500/mt CFR in Asia, further significant declines doubtful

18 May

Billet prices post further drop in latest negotiations in Philippines

12 May

SE Asian billet market still bearish as demand low, only low-priced deals done

Disclaimer: Although the data in this publication have been taken from reliable sources, their integrity, accuracy and stability/constancy cannot be guaranteed. The data in this publication are not comprised of data gathered from transactions carried within the SteelOrbis system. Reports shall in no way be taken as a proposal for selling and buying. SteelOrbis assumes no responsibility from losses caused by using these data in commercial transactions. Please contact the Customer Relations Department for further questions.