Tag: Chinese Billet Export Offer

Chinese billet export offers hit 1-year high amid low inventories and rising domestic prices. However, sustainability remains questionable. Chinese billet export offers have hit 1-year high at USD 320/MT, following steep increase in Chinese domestic billet offers. In just 2-3 days, Chinese domestic billet offers jumped up by RMB 360/MT (USD 55/MT) and currently assessed…