China: Billet import prices rise in recent deals

  • Prices of imported billets to China have risen by $5-10/t in recent deals concluded from Vietnam and the Middle East, SteelMint learnt from sources.
  • A Vietnam-based mill concluded an export deal for 20,000 t BF route billets at $660/t FoB (equivalent to $690/t CFR China).
  • A deal for Middle East-origin billets was also heard concluded at $695/t CFR China recently.

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