Tag: Chinese export offers
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Chinese Domestic Billet Prices Rise by RMB 120/MT (USD 18/MT)
Chinese domestic manufacturers have raised their offers by RMB 120/MT (USD 18/MT) to RMB 2,360/MT (USD 363/MT) from RMB 2,240/MT (USD 345/MT) in just last 2 days. All prices are including VAT of 17%. Low inventory available with mill operators and surge up in seasonal demand in local market amid better construction activities have lent…