Tag: SE Asian billet import market update
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SE Asia: Billet import offers witness marginal drop
This week, SE Asian billet import market witnessed limited trades amid bid-offer disparity due to Chinese holidays and falling global scrap prices. The offers in the region were at $445/t, CFR levels, while buyers have seen bidding at $435/t, CFR levels. SteelMint assessed SE Asian billet import offers to be at $440-445/t, CFR, down by…