Metal Bulletin’s assessment of import prices for billet in Southeast Asia
was $535-545 per tonne cfr for the week ended Monday January 29, narrowing upward from $530-545 per tonne
cfr a week earlier.
Deals involving cargoes from the Commonwealth of Independent States were heard concluded at $543 per tonne cfr, while Middle Eastern billet was sold at $538 per tonne cfr.
A major trading company sold India-origin position cargo at $520 per tonne cfr to Thailand, sources said.
No deals or firm offers involving China-origin billet were heard over the week. “Chinese offers seem to have...