Tag: China’s billet import parity analysis
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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…