Steel billets prices in China’s Tangshan remained stable at RMB 4,740/t ($716/t) on 28 Apr’22, inclusive of 13% VAT. According to data maintained with SteelMint, China’s SHFE re-bar futures contract for Oct’22 delivery closed today at RMB 4,850/t ($733/t), witnessing a marginal decrease of RMB 14/t ($2/t), d-o-d.
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