Prices for steel billet imported to Southeast Asia have been inflated by buying prices to China over the last week, market participants told Fastmarkets on Friday March 26.
Offers for Vietnam-origin 5sp billet were heard at $615 per tonne cfr Manila during the week, while Far East Russia-origin material was heard offered at $605 per tonne cfr on Wednesday, with India-origin 125-mm billet heard offered at the same price.Japanese 5sp billet was...