Tag: Chinese domestic billet market update
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Chinese Domestic Billet Market Update, 12 May’20
Yesterday the ex-mill, tax-inclusive price of general carbon square billet 150*150mm in Changli and Qian’an was settled at RMB 3,140/MT, up RMB 10; today, the steel market remains stable. Overall transactions on billet were modest, and the price of finished steel tends to be stabilized. Mill’s direct dispatch is smooth. The warehouse spot is mainly…