Steel billet prices in China’s Tangshan remained stable at RMB 5,110/t ($789/t) on 12 Aug’21 after a rise of RMB 30/t ($5/t) d-o-d yesterday. Overall trading in billets, however, continues to remain modest. According to data maintained with SteelMint, China’s re-bar futures contract for Oct’21 delivery closed today at RMB 5,385/t ($831/t).
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