Tag: Chinese billet prices

Today, billet prices in Chinese domestic market again slipped down by RMB 100/MT (USD 15/MT) against the last day closing. Current offers are heard at RMB 2,390/MT (USD 368/MT), which were RMB 2,490/MT (USD 383/MT) on 29 Apr’16. The price drop was accompanied by steep decline of 49.4 (in an index where figures below 50…