This week, SE Asian billet import market witnessed limited trades amid bid-offer disparity due to Chinese holidays and falling global scrap prices. The offers in the region were at $445/t, CFR levels, while buyers have seen bidding at $435/t, CFR levels. SteelMint assessed SE Asian billet import offers to be at $440-445/t, CFR, down by $5 w-o-w.
Leave a Reply