Tag: SE Asia billet import market
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SE Asia: Imported billets market silent after China rebar futures drop
The imported billets market in South East Asia remained passive this week in the absence of firm bids. SteelMint’s bi-weekly assessment of imported billet offers from South East Asia currently stands unchanged at $695-700/tonne (t) CFR Manila. The market seems to be silent and buyers’ interest has been affected owing to soaring Covid cases. Market…