Tag: China’s billet import parity analysis

  • Will China resume billet imports after the New Year holidays?

    Will China resume billet imports after the New Year holidays?

     China may resume steel billet imports after the New Year holidays (11-18 Feb ‘21), if global prices continue to remain at current levels. Also, expected pick-up in seasonal demand and prices post-holiday may lead to increased imports, SteelMint learned from market participants. Just before the holidays, China reportedly booked a couple of billet cargoes from…