Tag: SE Asia billet import market

  • SE Asia: Imported billet prices remain range-bound w-o-w

    SE Asia: Imported billet prices remain range-bound w-o-w

    Import prices in Southeast Asia remained rangebound this week. The drop in prices for Chinese billets in the region, influenced by a bearish outlook in the futures market, reflected ongoing market uncertainty. Anticipating further declines, buyers often postponed their purchases, which reduced demand and exerted downward pressure on prices. BigMint’s bi-weekly assessment reported that billets…