Tag: chinese billet export
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China’s Billet Export Offers Rise on Capacity Cuts
China’s billet export offers advance this week after it was reported that China will cut down 50-100 MnT steel capacity in 2017. Current offers for 150*150mm Q235 grade billet offers are assessed at USD 400-410/MT FOB China main port. Last week offers were at USD 390-400/MT FOB China main port. However no deal have been…