Tag: SE Billet prices
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SE Asia import billet prices decline w-o-w amid bid-offer disparities
South East Asia’s imported billets market sentiments still continue to downtrend amid lower demand for billets in the region. Sluggish trading activities due to bid-offer disparities kept the billets market silent. Also, South East Asia’s supply chain gap continues, due to a shortage of vessels and containers, which is driving up freight rates to unprecedented…