Tag: China imported billet prices
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China: Billet imports market quiet on falling rebar futures, bids drop
Bids for imported billets into China moved down w-o-w on the back of waning demand and sharply falling rebar futures prices seen towards the beginning of this week. SteelMint’s bi-weekly export assessment for imported billets into China stood at $700-705/t, CFR, on 14 Sep’21. “Bids can be even below $700/t CFR levels as re-bar futures…