Tag: SE Asia billet import market
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SE Asia billet import prices hit a six-month high
On the back of increasing scrap prices and active Chinese buying, SE Asia billet import prices have hit six months high. Turkey imported scrap prices have increased post-Eid holidays and are hovering at seven months high. US HMS (80:20) prices are hovering at $285/t CFR Turkey. This week’s SteelMint assessment of billet import offers in…