Tag: Chinese Billet Offers

Chinese Billet Prices 9% Up and Indian Prices 2% Down in a Week

Jul 22, 2015

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by

Aditi Raj

in Uncategorized

MS billet prices in Tangshan rose to RMB 1,870/MT against RMB 1,710/MT previous week (prices including 17% VAT). The Indian billet prices have declined by INR 500/MT in Mumbai. Chinese square billet prices rose to 9% during week ending 20 Jul’15 after a persistent decline from the past few weeks. Amid production overcapacity coupled with…