Tag: billet prices in SE Asia

  • SE Asia: Imported billet prices drop w-o-w amid absence of tender

    SE Asia: Imported billet prices drop w-o-w amid absence of tender

    Southeast Asia’s imported billet prices declined this week amid weak market sentiment. Absence of export tender and weaker market sentiments in the global longs market weighed on bids for billets. Meanwhile, falling Chinese billet prices and rebar futures have also contributed in weighing the billet sentiment in the global market. Meanwhile, market participants have remained…