NOTE: There will be no news and data updates over January 31-February 4 due to the Chinese New Year holiday.
UTC+8 ( BJT)

SE Asia: Imported billet market inactive on weak demand


The South East Asian imported billets market remained sluggish on weak demand, although offers for the same were stable this week. SteelMint's bi-weekly assessment of imported billets (150*150mm, 3SP) into the Philippines currently stood at $635/tonne (t), CFR Manila, stable, w-o-w.
  Meanwhile, most of the buyers in the SE Asian region have already retreated ahead of the holidays and all eyes are on the Chinese market situation.   Market highlights-   Vietnam's billets export offers unchanged: Vietnam's BF-route billets export offers stood unchanged at $620/t, FOB. No deals were heard to be concluded this week. Thailand imports


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