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21 Jun
09:27

South Korean billet stirs limited interest in Philippines

The billet import market in ASEAN continues to move lethargically, Kallanish notes. The rare appearance of South Korean billet offers in the Philippines stirred some interest among importing and trading sources.  A trader offered Korean 5sp 130mm electric arc furnace billet for August shipment at $511/t cfr Manila, importing sources say. “The mill was not disclosed,” a Manila buyer says. “$511 is a competitive price to buy except that rebar …
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