Tag: Global billet market update
-
Weekly round-up: Global billets market gains momentum following recovery in Chinese steel futures
The global billets market picked up momentum after seeing some recovery in Chinese rebar futures. Also, the imported billets market in China turned active with recovery in rebar futures, which is likely to keep global sentiments supported. According to data maintained with SteelMint, the Chinese rebar futures contract for May’22 delivery closed at RMB 4,505/tonne…