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16 Feb
11:13

ASEAN billet market grinds to standstill

The ASEAN billet import market froze last week on account of the Lunar New Year holiday, Kallanish notes. Trading was suspended because most regional suppliers and buyers were absent from the market. Business activities in China and Vietnam only officially resumed on 16 February and 15 February respectively. There were no fresh offers nor bids last week in Manila, traders say. Previously, offers for 5sp 130mm or 150mm square blast furnace open-origin billet from A…
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