Author: Aditi Raj
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Chinese Domestic Billet Offers Further Gain by RMB 70/MT (USD 11)
Chinese billet prices are currently hovering at 2-month high level. In today’s trade, prices have incremented further by INR 70/MT (USD 11) to RMB 2,100/MT (USD 323) against yesterday’s price of RMB 2,030/MT (USD 312). The current level was last seen on 5 Apr’16. All prices are including 17% VAT. In the beginning of Jun’16,…