Tag: Indonesia Billet Imports
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Indonesia’s billet imports drop 14% in H1CY’21, exports surge on Chinese buying
Indonesia recorded a 14.15% y-o-y fall in its billet import volumes in the first half of CY’21 (Jan-Jun’21). The volumes stood at 1.65 million tonnes (mn t) in Jan-Jun’21 as against 1.92 mn t in Jan-June’20, according to customs data compiled by SteelMint. Earlier this year, as per reports, the Indonesian government planned to ease…