Metal Bulletin’s daily assessment of import prices for steel billet in Southeast Asia
was $525-535 per tonne cfr Manila on Wednesday, unchanged since Friday last week.
Bookings were sparse, with only one deal reported on Friday at $530 per tonne cfr Manila for 40,000 tonnes of 130mm billet from the Commonwealth of Independent States (CIS).
No new transactions were heard from Monday to Wednesday.
Asking prices for billet from Turkey started increasing on Monday amid rising scrap prices, after steelmakers returned...