SE Asia: Billet import offers witness a marginal increase
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SE Asian billet import market was noted to witness limited trades, as the export offers from the major billet exporting nations were reported a marginal increase during this week amid increased steel futures in China. SteelMint assessment for billet import in SE Asia has increased and is at $405-415/t, CFR levels, up $5 against last week. The offers in the region are mentioned as below-
| Country | Offers | w-o-w change in $ |
| CIS | $405-410/t, CFR | +5 |
| India | $410-415/t, CFR | +3 |
| Iran | $395-400/t, CFR | +3 |
Meanwhile, the billet export offers from Vietnam were reported stable and are at $408-410/t, FoB, identical as last week
The deals noted by the SteelMint, during the week, in/from the SE Asian region are as below-
| Exporting country | Importing country | Deal value |
| Russia | Philippines | $405/t, CFR Manila |
| Vietnam | China | $408/t, CFR China |
