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WEEKLY: Billet stocks dip as re-rollers increase buying

Source: Mysteel Sep 17, 2018 18:30

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Billet & Bloom HR Strip Industry

Billet stocks in North China’s Tangshan thinned rapidly during the week of September 8-14, mainly because steel re-rollers stepped up procurement of the semis as market prices had retreated while orders from users were picking up, according to market sources on Monday. Over September 7-13, billet inventories at two ports

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