Tag: SE Asia billet market update

  • SE Asia: Billet Import Offers Drop by USD 20/MT W-o-W

    SE Asia: Billet Import Offers Drop by USD 20/MT W-o-W

    SE Asia billet import market was reported sluggish this week amid ongoing Tet holidays in Vietnam and falling global scrap prices. SteelMint learned from market participants that, imported scrap prices to Turkey have dropped by a significantly in a fresh deep sea cargo booking concluded from USA, while the sharp downturn is now expected to…