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02 Mar
09:18

Vietnamese billet prices jump up

The Vietnamese billet and construction long products’ markets rose after the Lunar new year holiday, Kallanish notes. Prices in Vietnam seasonally rise after the holiday. Billet prices rose significantly amid tight supply and higher scrap, Vietnamese market sources say. Hoaphat Steel’s 850,000 tonnes/year capacity billet plant located at Kinh Mon has closed for maintenance for around two months, according to Vietnamese trading and mill sources. The p…
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