Tag: China billet imports
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China’s preference for imported billets increased over rising domestic prices
The keenness for imported billets shown by Chinese steel traders this year has been accentuated recently by soaring prices of domestic billet, market sources said Tuesday, with locally made billets hovering at an eight-month high since July 6. “The importing volumes of (billets) increased markedly since early July, mainly from CIS countries and India, as they…