Author: Aditi Raj

Chinese billet manufacturers have again surged their offers today by RMB 60/MT (USD 9/MT) to the level of RMB 2,640/MT (USD 406/MT) in contrast to yesterday’s offer at RMB 2,560/MT (USD 397/MT). All prices are including 17% VAT. The current offers have hit 20-month high level , which was last reported on 22 Aug’14.  Lack…