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08 Jul
08:30

ASEAN billet import market moves sideways

The Philippine billet import market was largely stable last week, Kallanish understands. However, suppliers were not successful in lifting their prices and values have fallen back. “The market is still slow. There is no change,” a Manila buyer says. Two re-rollers booked Indonesian 130mm 5sp billet blast furnace billet for August shipment at $585/tonne cfr at the end of the week through 1 July, Singapore-based traders report. This includes a cargo for …
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