Tag: SE Asia billet market update
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SE Asia: Billet Import Prices Rise Sharply Following Hike in CIS Offers
This week, SE Asia’s billet import market was reported trade functional for the second successive week. The region is reported to book around 100,000 MT billets from CIS. According to SteelMint sources, the shipment is booked to Philippines and the deal value is reported to be around USD 435-440/MT, CFR. With this deal, the billet…