Tag: Chinese Billet Offers
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Chinese Billet Export Offers Rise on Government’s Investigation
Chinese billet export offers rise amid government’s ongoing investigation on tax rebates enjoyed by Chinese steel mills on exporting billets in the name of square bars. Chinese billet export prices have increased by USD 5/MT to around USD 325-330/MT, FoB China main port as compared to USD 320-325/MT, FoB last week. “Billet exports from China…