Tag: Global billet market price
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Weekly round-up: Global billet prices head south on weak market sentiments
The global billet market remained silent throughout this week on bid-offer disparities, subdued finished steel sentiments and limited trading activity. The volatility in China’s SHFE rebar futures and cheap Russian billet offers have kept deals at bay. According to data maintained with SteelMint, the Chinese SHFE rebar futures contract for October 2022 delivery closed at…