Tag: chinese billet market updates

Today, billet offers in Chinese domestic market hit one and a half month low level of RMB 1,970/MT (USD 303/MT), which were last seen on 25 Mar’16. In last 10 days, prices have plunged by RMB 520/MT (USD 80/MT) that’s from RMB 2,490/MT (USD 383/MT) as on 29 Apr’16 to RMB 1,970/MT (USD 303/MT) today…