Author: Aditi Raj

In the month of Oct’15, prices of common Carbon square billet (150*150 mm) have hit an all time low level of RMB 1,650/MT. The highest level was seen in Jan’10 in the range of RMB 3,550-3,650/MT. Dominance of weak Chinese economy, devaluating currency, stringent environment pollution law in China, surge in steel production coupled with…