Tag: India billet export price

The continuous decline in Chinese steel futures has turned the global billet market silent, keeping traders at bay. According to data maintained with SteelMint, China’s SHFE rebar futures contract for Jan’22 delivery closed today, 21 Oct’21, at RMB 4,976/tonne (t) ($778/t), witnessing a sharp decline of RMB 328/t ($51/t), d-o-d. Market sentiments weakened after China’s…