SE Asia billet prices expected to fall as scrap weakens
May 17, 2012 | 11:00 PM
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Billet prices in Southeast Asia are expected to fall as early as next week, tracking the fall in scrap raw materials, mill and trading sources in the region said.
“Billet prices are still holding strong this week. But it may weaken soon, as scrap prices have been falling,” a trader in Singapore said.
Ferrous scrap offers into Southeast Asia....
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