Tag: Chinese billet export offers

  • Have Global Billet Prices Bottomed Out?

    Have Global Billet Prices Bottomed Out?

    Seaborne billet prices have corrected by almost USD 20-30/MT in last one month but market expects prices to have bottomed out and scope of further correction is limited. Prime factors justifying this theory are – Expected fall in exports from China, which is eventually the largest exporter in the world, coupled with – Rising graphite…