Tag: billet market in china
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Chinese Billet Export Offers Fall by USD 65/MT W-o-W
Chinese billet export offers continue its downtrend on Tuesday due to short selling by suppliers on expectation that prices may fall further. Export offers have dropped by USD 65/MT in last one week, making Q235 offers at around USD 320-325/MT, FoB China main port, which were hovering at USD 390/MT last week. These levels were last…