Tag: Chinese domestic billet market update
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China: Billet imports remain flat in Nov ’20 on limited allocations from India
The billet imports in China during Nov ’20 broadly remained unchanged as Oct ’20 and recorded at 1.53 mn t. Vietnam, Brazil, Russia, India, Oman, and Indonesia stood as the predominant exporters during the period under consideration. Countries cut export allocations as domestic demand recovers Imports from India plunged by 41%. Since Jul ’20, the…