Steel billet prices in China’s Tangshan remained stable at RMB 5,120/t ($793/t) inclusive of 13% VAT on 9 Sept’21 after an increase of RMB 40/t ($6/t) yesterday. According to data maintained with SteelMint, China’s rebar futures contract for Jan’22 delivery closed today at RMB 5,452/t ($844/t), witnessing a d-o-d decrease of RMB 42/t ($6/t).
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