Tag: SE Asian billet import market update

The SE Asian billet import market saw lean volume trades, as bid-offer spread continued staying for this week as well. Bids remained stable at $420-425/t, CFR, and offers were ranging between $435-440/t, CFR levels. The regional offers have also reached a $435/t, CFR level. The disparity was primarily due to the fluctuating Chinese rebar futures.…