Author: Nikita Shukla
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SE Asia: Billet import prices follow downtrend w-o-w in absence of trade
The Southeast Asian imported billet market remained muted and billet prices have been following downtrend this week. In addition, billet importers are anticipating weak buying interest as China is limiting semis export to improve environmental situation of the country. Notably, absence of fresh export tenders were seen this week. According to BigMint’s bi-weekly assessment, billet…