Tag: Global billet price
-
Weekly round-up: Rising global scrap prices support billet offers
The global billet market saw dull buying interest, resulting in limited deals last week. However, a recovery in global scrap prices pushed up billets offers, SteelMint notes. Turkiye’s imported scrap trade improved and offers moved up by $7/t w-o-w. A hike in rebar futures also supported billets prices. According to data maintained with SteelMint, China’s…