Tag: Chinese export offers

As Chinese markets reopened after New Year holidays, billet export offers saw a drastic fall, plunging to 6-month low. Offers have dropped by almost USD 15-20/MT in last one week. Current offers for 150*150mm Q235 billet are assessed at USD 390-400/MT FOB China main port, which was hovering at USD 410-415/MT FOB last week. Market…