Tag: China: Billet imports rise by 16% y-o-y during Jan-Feb ’21

The billet imports in China during Jan-Feb ’21 noted a y-o-y rise of 16% to reach 1.3 mn t, according to the recent data released by China customs. Vietnam, Iran, Russia, Indonesia, and Oman stood as the predominant exporters. Price rally in Chinese domestic billet has kept mills active in booking imported billets in the…