Tag: SE Asia billet prices
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SE Asia: Imported billet prices recover tracking Chinese price hike
Imported billet prices in Southeast Asia have recovered after falling in early this week. Lower bids in global markets have influenced prices to remain under pressure. However, a recovery in Chinese billet prices and rebar futures has been witnessed this week. BigMint’s bi-weekly assessment of billets (150 x 150 mm, 3SP) imported by the Philippines…