Metal Bulletin’s daily assessment of import prices for billet in Southeast Asia
was $522-530 per tonne cfr Manila on Thursday, widening downward by $3 per tonne from $525-530 per tonne cfr on Wednesday.
Trading activity from Friday onward showed a mild improvement compared to the previous week, when the market was deadlocked from the wide bid-offer spread
A deal involving a large volume of Ukrainian billet was concluded on Friday to an Indonesian re-roller at $517-520 per tonne cfr Indonesia.
Thai buyers booked Turkish material at around $520 per tonne cfr Thailand, and Russian billet at $515-520 per tonne cfr Thailand.