Tag: SE Asia billet import

SE Asia: Mills Lower Bids for Billet Amid Global Price Decline

Jun 21, 2019

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by

Pranjal Markale

in Billet

The billet market sentiments have weakened in the SE Asian countries. The two prime factors which are directing the market sentiments in SE Asia are US sanctions and wet climatic conditions, which are pushing back marketers from making any purchase. South East Asia billet import offers are assessed around USD 450-460/MT, CFR levels, marginally down…