Chinese domestic billet prices surge by RMB 140 ($22)

Chinese domestic billet prices surge by RMB 140 ($22)

Today the billet prices in the Tangshan market (northeast China) witnessed a significant rise of RMB 140 ($22), against yesterday. The billet transactions were moderate and finished steel prices posed an upward trend. The prices of commonly traded Q235 billet 150mm diameter were reported at RMB 4,410/t ($683/t) in Tangshan, inclusive of 13 % VAT.


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