Tag: SE Asian billet import market update

SE Asia: Billet import offers continue to surge despite a trade silence

Jan 8, 2021

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by

Pranjal Markale

in Billet

The trade silence continues to exist in the SE Asian billet import market on rising prices leading to a wide bid-offer spread. According to our sources, the offers reported hovering at $620/t CFR levels. However, the buyers posed limited interest in making any purchase and have seen bidding at $600-605/t, CFR levels. Currently, they are…