China-origin steel billet reappears in Asia spot markets as domestic prices plummet

China-origin steel billet is being offered in spot markets across Asia after domestic prices in China tanked, sources told Metal Bulletin.

“It’s been a while since China-origin billet have been offered to import markets. Billet exports have started again as there are more favorable prices in overseas markets,” a trader based in Southeast Asia said.

Metal Bulletin’s Northern China billet prices have fallen continually over the past two weeks...

Published

Paul Lim

January 05, 2018

09:26 GMT

Singapore