Tag: SE Asia: Imported billets market silent on high bid-offer spread
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SE Asia: Imported billets market silent on high bid-offer spread
South East Asian imported billets continued to remain silent for this week as well. High bid-offer disparities were witnessed amid the volatile Shanghai Futures Exchange (SHFE) rebar market. The chunk of the offers ranged from $680-685/tonne (t), CFR. However, a few Chinese traders were heard diverting their position cargo in the SE Asian region at…