HomeSteelIndustryProjects Weaker yuan, decline in Chinese ferrous futures push down Asia steel billet prices Steel billet prices in Asia took a hit in the week to Thursday May 25 due to the softened Chinese yuan and sharp decline in Chinese ferrous futures, sources told Fastmarkets. According to the State Administration of Foreign Exchange, the central parity rate of RMB - an indicator for the spot interbank foreign exchange market as well as exchange rate quoted... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Nabilah Awang May 26, 2023 07:23 GMT Singapore Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
