Tag: Global billet market offers
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Weekly round-up: Bearish sentiments weigh on global billets market, but prices stay supported
Negative sentiments continued to prevail this week in the global billets market due to factors such as bid-offer disparities, absence of firm buying interest and drop in bids from key importing countries, which resulted in limited deals. However, hike in global ferrous scrap prices and the recovery in Shanghai Futures Exchange (SHFE) rebar futures before…