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One platform for global traditional assets
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Malaysian Customs still have a large amount of Indonesian stainless steel coils stranded, with some signs of clearance at the moment.
According to SMM, currently most of the Indonesian stainless steel coils in Malaysia are still held up at customs and have not been released, leading to low inventory levels among local traders and processing centers, and market anxiety is spreading. However, recent reports indicate that some shipments have been approved for clearance, suggesting a potential easing of customs procedures. (SMM)