Tag: China: Billet prices rise on stronger demand

Coke trends remain firm with rising inventories Export sentiment strengthens with higher mill offers Chinese billet prices increased by RMB 20/t ($3/t) d-o-d to RMB 2,980/t ($431/t) on 30 March, supported by improved market sentiment amid supply uncertainties and rising steel prices. Rebar demand increased by 8% m-o-m, while HRC prices rose by RMB 10-20/t…