Tag: SE Asia billet import market update
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SE Asia: Billet import prices go south in recent bookings
Imported billet prices in SE Asia witnessed a significant drop amid global downtrends and lower bids. Global scrap prices saw a sharp dip of $20/t in recently concluded deals, our credible sources reported. SE Asian buyers are currently in a wait-and-watch mode until the Chinese New-Year holidays as they are anticipating a further dip in…