Author: Lalita
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Japanese billet export prices rise on firm China demand
Japan’s electric-arc-furnace (EAF) steel producers have been receiving active inquiries for billet from Chinese buyers and bid prices are trending upwards, according to sources in Tokyo and Osaka on July 28. But actual billet exports are unlikely to increase due to limited availability, they said. Bids for Japan-produced SD295A 120x150mm billets are at around Yen…