Author: Nidhi Awasthi
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SE Asia: Imported billet prices fall w-o-w amid sluggish market sentiments
Imported billet prices in Southeast Asia fell significantly this week due to lower offers in the region, coupled with a cautious outlook from buyers regarding the sustainability of recent price increases. The sharp drop in Chinese billet prices and rebar futures have weighed on billet offers. BigMint’s bi-weekly assessment reported that billets (150 x 150…