Tag: Indian domestic billet
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Chinese Domestic Billet Offers Dip by RMB 70/MT, Indian by INR 1,800/MT M-o-M
In a month’s duration, 150*150 mm billet prices in China have declined by RMB 70/MT to RMB 1,570/MT (17% VAT included). Meanwhile ,Chinese billet (125*125 mm) export offers have fallen by USD 10/MT to USD 265/MT, FoB China. Indian domestic billet prices across major markets have fallen sharply by INR 1,200-1,800/MT on the backdrop of…