Tag: Chinese Billet Offers
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Chinese Billet Export Offers Increase on Rising Demand for Immediate Delivery
Chinese billet export has continued to increase due to rising demand for immediate delivery and surge in imported iron ore prices in Chinese market. Export offers have gone up by USD 20-25/MT in last one month. Current offers for 150*150 mm billet are assessed at around USD 260-265/MT, FoB China main port, which were hovering…