Tag: SE Asian billet import market update
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SE Asia: Billet import offers witness sharp rise
This week, SE Asian billet import market reported silent amid increased offers. The import offers in the region have pulled by the global scrap prices and SHFE rebar futures. Since last week, the global scrap prices have registered a rise of $5-8 w-o-w. On the other hand, SHFE rebar futures posted an increase of RMB…