Tag: Global billet market update

This week, the global billet market saw limited trades on increased global scrap prices and SHFE rebar futures. Since last week, the global scrap prices have registered a rise of $5-8, w-o-w. On the other hand, SHFE rebar futures posted an increase of RMB 86 (~$13) w-o-w. These events have marginally pulled up the prices…