Tag: SE Asia billet import price
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SE Asia: Imported billet offers rise w-o-w; trades yet to improve
Imported billet prices in South East Asia edged marginally higher this week, although demand still remains low. Global scrap price recovery, with Turkiye’s imported scrap prices moving up by around $11/t w-o-w, has been supportive for billet prices. Meanwhile, a scarce supply of Iranian semis is also pushing up import offers in the region. However,…