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03 Jun
11:53

ASEAN billet suppliers seek support on China return

Suppliers are maintaining export offers for billet to Southeast Asia at unchanged levels from the prior week, Kallanish notes. Suppliers are optimistic the ASEAN billet market is looking up after widespread Covid-19 lockdowns in China were lifted last week. But regional buyers prefer to take a more cautious approach. In Manila, offers for electric arc furnace or blast furnace 5sp grade billet from Malaysia and Indonesia are prevailing at $665-670/tonne cā€¦
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