Author: Manish Vasdev

Chinese billet offers in domestic market were at RMB 1,850/MT (USD 282), have remained unchanged during this week. China billet export offers remains stable at USD 300/MT FoB main port. According to custom statistics, China exported 9.42 million tons of steel in May’16, up 2.34 percent or 0.22 million tons year on year; up 0.34…