Tag: Indonesian billet import
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Indonesian Mills Resume Billet Imports at Above USD 500 Levels
According to market sources report to SteelMint, Indonesian importers have resumed billet imports. Recently an Indonesian importer has purchased around 20,000 MT billet (wire rod grade) via tender at around USD 515/MT, CFR Indonesia. However buying interest for commercial grade billets was heard around USD 505-510/MT, CFR. Few trade sources also shared that in last…