Tag: Global billet market offers
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Weekly round-up: Global billet trades slow down even as Chinese steel futures plunge
The global billet market showed mixed trends this week on weak finished steel sentiments, limited trading activity and bid-offer disparities. However, a recovery in scrap prices may support global billet offers in the near term. Market highlights Indian billet export market mute: The Indian blast furnace (BF)-grade billet export trades continued to remain inactive and…