Tag: global steel supply tightness

Domestic market stable as supply rises, demand improves slightly Export market firm amid rising freight, limited supply options Chinese billet prices fell by RMB 10/t ($1) d-o-d to RMB 2,960/t ($430/t) on 20 March, as higher liquid iron output increased supply. Lower inventories supported slight demand improvement, while firmer iron ore and coke prices provided…