Tag: SE Asia: Limited trades reported on bid-offer disparity

This week, SE Asian imported billet market witnessed limited trades on bid-offer disparity. Global billet offers rose after China announced the removal of import duty from May ’21 on non-ASEAN billets, as it would allow sellers to enjoy zero import tax. After this, the buying indications lifted to $670/t, CFR for Non-ASEAN billets on a…