Chinese billet offers
Chinese traders are currently offering 120 mm x 120 mm x 6 mm size 20MnSi billets at $370-372/mt FOB for August shipments, as told to SteelOrbis. On top of the $3- 3.5/mt increase last week, prices of billets in North China have gone up by an additional $2-2.5/mt early this week.