Tag: Weekly: Global billet market overview

The global billet market remained sluggish amid the volatile Shanghai Futures Exchange (SHFE) rebar market. The prices witnessed a dipping trend during 24-28 May ’21. However, the prices rebound after the rebar futures market rallied on 29 May ’21. The futures market witnessed having settled at RMB 4,933/t ($775/t), up by RMB 116/t ($18/t) d-o-d.…