[SMM Steel] SE Asia Import Billet Falls Further as Demand Stays Weak

Published: Jun 26, 2026 13:58

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[SEA] Southeast Asian import billet prices continued to soften, with the reference level down by around 2.5 USD/tonne w-o-w to about 485-495 USD/tonne CFR. China-origin 5SP offers fell to around 495-497 USD/tonne CFR, while some traders invited bids near 490 USD/tonne CFR. 3SP offers were mostly at 485-490 USD/tonne CFR, with Iranian material as low as 480 USD/tonne CFR, but buyers remained cautious amid weak demand and uncertain shipment timing.

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