The cheaper offers from China came as prices in the key billet hub of Tangshan dropped by as much as 260 yuan ($38) per tonne over the past week, to as low as
3,050 yuan ($444) per tonne including VAT on Monday March 28. This encouraged some Chinese traders and mills to look for overseas buyers.
Metal Bulletin’s billet import price assessment for Southeast Asia was $435-455 per tonne cfr...
