Tag: china steel market

MS billet prices in China recovered yesterday by RMB 80/MT (USD 12) and closed at RMB 2,000/MT (USD 308) in the evening trade. The same level was last seen on 31 Mar’16. Since a week, prices in domestic market have been declining persistently and get corrected by RMB 200/MT (USD 31) in the duration. But,…