Tag: SE Asia billet import market
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SE Asia: Imported billet prices remain unchanged amid weak market sentiment
South East Asia’s imported billet prices remained unchanged this week. Weak demand in China amid the ongoing Third Plenum session and its uncertain impact on the broader economy affected the market. Meanwhile, market participants have remained silent and no tenders were heard floated in the region. Billet (150x150mm, 5SP) offers are at $495-500/tonnes (t) CFR…