Tag: Billet import
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SE Asia: Imported billet market exhibits bearish sentiments amid muted trade
South East Asia’s imported billet market continued to remain sluggish on the back of insufficient demand in the region, muted trades amid absence of bids, weak finished steel market sentiments and volatility in Chinese rebar futures. Meanwhile, market participants have adopted a wait-and-watch mode with price cut expectations, BigMint observed. One of the traders mentioned…