Southeast Asian billet prices rise even as Chinese prices fall

摘要

Southeast Asian billet prices rose on signs of increased demand even as Chinese prices declined for a second day on lower offers. S&P Global Platts assessed the Southeast Asia 5SP 130 mm billet spot price at a midpoint of $415/mt, up $2/mt on the day. Platts assessed the China 5SP 150 mm square bar spot price at a midpoint of $421/mt FOB China July 28, down $2/mt on the day.