Tag: Global Billet
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Weekly round-up: Rising global scrap prices, rebars futures keep billets offers supported
The global billets market saw dull buying interest resulting in limited deals this week. However, global scrap price recovery, with the rise in Turkiye’s imported scrap prices by around $27/tonne (t) w-o-w has been supportive for billets prices. Hike in rebars futures has also supported prices. According to data maintained with SteelMint, China’s SHFE rebars…