Tag: SE Asia billet import price
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SE Asia: Imported billet prices stay supported but trades remain muted
South East Asia’s imported billet prices remained supported this week. However, sluggish finished steel sentiments in the region and weak demand kept trades at bay even after billet export offers were heard withdrawn by Chinese mills today following a significant rise in SHFE rebar futures. According to data maintained with SteelMint, China’s SHFE rebars futures…