Tag: SE Asia billet import market update
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SE Asia: Chinese rebar futures support imported billets prices, but trade subdued
South East Asian imported billets prices remained supported this week after witnessing a decline last week. The market was inactive on Tuesday, due to the national holidays. However, mid-week, the situation has not improved so far and buyers are still in wait-and-watch mode. SteelMint’s bi-weekly assessment of imported billets (150*150mm, 3SP) into the Philippines currently…