Tag: SE Asia billet market update
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SE Asia: Billet import offers rise marginally
The SE Asian billet import market remained silent this week, on dropped Chinese rebar futures. During 8-10 Sep’20, futures came down by RMB 60. However, today, the futures gained momentum and witness an increase of RMB 25 to reach RMB 3,665/t. On the other hand, the import offers in the region have increased marginally against…