Tag: Global Billet
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Weekly round-up: Billet prices firm up on rising global scrap prices, rebar futures
The global billet market saw dull buying interest resulting in limited deals this week. However, recovery in global scrap prices with the rise in Turkiye’s imported scrap prices by around $11/tonne (t) w-o-w, was supportive for billet prices. A hike in rebar futures also supported prices. According to data maintained with SteelMint, China’s SHFE rebar…