Tag: global billet export offers
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Weekly round-up: Global billet prices stay supported amid positive market sentiments
Global billet prices remained supported this week followed by a recovery in global scrap prices with the rise in Turkiye’s imported scrap prices by around $20/t w-o-w and limited offers by steel mills. However, trades are yet to improve. A hike in rebar futures also kept prices supported. According to SteelMint data, China’s SHFE rebar…