Tag: Indonesia Billet Imports
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Indonesia Billet Trade: Imports Witness Nearly 6% M-o-M Drop
Indonesia billet imports stood at 353,798 MT during Feb’20, to register an M-o-M drop of 5.9%. The same were recorded at 376,169 MT during Jan’20. The drop in imports was primarily due to a new mill PT Dexin steel which started selling billets from mid Jan’20. The first phase company’s focus is on billets and wire manufacturing. Meanwhile, the…