25
Feb
07:32
China regains enthusiasm for billet imports
After nearly two months of no activity, China has restarted large-scale billet imports, with interest in imported billet continuing to outweigh interest in scrap imports. The semi-finished product imports resumed in early February, days before the Chinese New Year.
A 20,000-tonne cargo of blast furnace 3sp/ps 150mm square billet from Vietnam was booked last week at $572-575/tonne cfr China, Kallanish notes. Vietnamese mills have since lifted export offers for Apri…
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Anonymous
Very good overview of the weekly steel market.
Anonymous