Tag: Chinese Billet
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Chinese Billet Offers Fall Further; Global Steelmakers Demand Protection
Prices at Chinese local market also fell by RMB 70/MT (USD 10-11) in two trading days. Most trending threat in global market, the Chinese billet have witnessed a further fall of USD 10/MT in two days time. Offers to South Asia which were USD 335-340/MT last Friday have presently dropped to USD 325-330/MT CFR basis.…