Author: Aditi Raj
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Chinese Billet Offers Down by RMB 80/MT (USD 12) W-o-W
Chinese domestic billet offers in a week have moved down by RMB 80/MT (USD 12) and today closed at RMB 2,130/MT (USD 323). Last week, offers in domestic market were assessed at RMB 2,210/MT (USD 335). All prices are including 17% VAT. Following price correction in China’s local market, Chinese billet export offers have also…