Steel billet prices in China’s Tangshan remained stable at RMB 4,500/t ($674/t), inclusive of 13% VAT on 7 June 2022. According to data maintained with SteelMint, China’s SHFE re-bar futures contract for October delivery closed today at RMB 4,719/t ($707/t), witnessing a decrease of RMB 31/t ($5/t), d-o-d.
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