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Tag: SE Asia billet import market

  • SE Asia: Billet import offers remain unchanged

    SE Asia: Billet import offers remain unchanged

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    by

    Pranjal Markale
    in

    This week, SE Asian billet import market saw limited bookings on down-trending Chinese rebar futures. After the Chinese Golden Week holidays, the SHFE rebar Jan’21 futures contract opened with a rise of RMB 50. However, yesterday it settled with a decline of RMB 21, against 12 Oct’20, at RMB 3,612/t. The buyers are anticipating a…