Tag: chinese billet market updates
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Chinese Billet Stocks at Tangshan Traders Renew 2-yr High
Billet stocks at 14 trading houses under Mysteel’s weekly survey in Tangshan, North China’s Hebei province, surged to a near two-year high of 1.08 MnT as of February 27, though the speed with which stocks are rising slowed during the survey week amid the gradual resumption of buying among re-rollers, according to Mysteel’s latest survey.…