Author: Aditi Raj

The lackluster global billet market is still increasing pressure on billet makers worldwide. In the month of Nov’15, prices of common Carbon square billet of size 150*150 mm declined by RMB 60/MT (USD 9/MT) to RMB 1,550/MT (USD 242/MT till 26 Nov’15) in China’s local market. Meanwhile, Chinese export offers fell by USD 10-13/MT W-o-W…