Tag: Southeast Asia billet imports
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Weekly round-up: Currency strength lifts Chinese billet, Ramadan slows Turkish trade
Chinese billet rebounds post-CNY holiday Turkiye billet trade weak amid Ramadan, liquidity crunch Global billet prices were largely stable to slightly firmer w-o-w. Chinese export offers rebounded after the CNY lull, supported by a stronger RMB and improved post-holiday sentiment, while Southeast Asian import levels held steady. CIS-origin billet into Turkiye remained broadly unchanged, and…