Tag: SE Asia billet import market
-
SE Asia: Imported billet offers inch up w-o-w despite subdued buying interest
Weak finished demand drives lower trades Chinese billet prices decline by $6/t w-o-w Imported billet prices in Southeast Asia remained largely stable this week, with a marginal hike. Buying interest was subdued due to weak demand for finished steel, with market participants avoiding making new bookings. BigMint’s weekly assessment of billets (150 x 150 mm,…