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05 Aug
15:10

ASEAN billet market inches up

The ASEAN billet market is rising slowly, Kallanish notes. Sellers made some small gains in a tepid market. Offers for blast furnace 5sp billet from the region are still unchanged from the week before at $545-555/t cfr, a Manila trader says. Suppliers could be waiting to try to push up prices, he says. His Chinese counterparties are saying that the market is improving. There is no change in the market from last week, a Manila buyer says. Indonesian blast…
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