Southeast Asian billet import prices unchanged amid year-end lull

Prices in Southeast Asia’s steel billet market remained stable on Friday December 27 amid limited trading activity in the region during the year-end Christmas and New Year festive season.

Billet produced in Russia, India, Oman and Qatar were offered at $448-460 per tonne cfr Southeast Asia while market participants estimated that the tradeable price was $445-448 per tonne cfr Southeast Asia.

In Vietnam, billet produced using blast furnaces was offered at $425-430 per tonne fob, while billet produced...


Lee Ken Kiat

December 27, 2019

09:30 GMT