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21 Mar
09:43

ASEAN billet import market tumbles

The billet import market in Southeast Asia has softened after weeks of firmness, Kallanish notes. It has been reeling from uncertainties brought about by the global banking crisis and volatility in Chinese steel futures markets since late last Thursday. Activity had previously been buoyed by optimism over China’s post-Covid recovery and supply tightness on demand from markets outside Asia, including Turkey. Indonesia’s Dexin 3sp grade 150mm billet fo…
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