SteelMint

Tag: Global Billet Prices

  • Weekly round-up: Global billets prices remain supported

    Weekly round-up: Global billets prices remain supported

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    by

    Vaibhav Dubey
    in

    Global billets prices maintained its upward trend despite weak Chinese and Egyptian buying, volatility in rebar futures and ongoing geopolitical conflict between Russia and Ukraine. According to data maintained with SteelMint, the Chinese SHFE rebar futures contract for May’22 delivery closed at RMB 4,617/t ($731/t) on 25 Feb’22, a sharp w-o-w fall of RMB 162/t…