Tag: Scrap Prices in Turkey
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Falling Chinese Billet Prices may Drag Global Scrap Prices
Chinese Billet Prices have almost dropped down to 5 months low to RMB 2720/MT (USD 390/MT) Ex-Tangshan including 17% VAT, this month. Export of billet from China are heard to be offered at USD 390/MT. The prices have almost moved down by USD 65/MT as it was USD 450/MT in Mar’17. China has not been…