China: Steel billet prices stable at RMB 4,520/t ($674/t)

Steel billet prices in China’s Tangshan remained stable for the second consecutive day at RMB 4,520/t ($674/t), inclusive of 13% VAT on 10 June 2022. According to data maintained with SteelMint, China’s SHFE re-bar futures contract for October 2022 delivery closed today at RMB 4,793/t ($715/t), largely stable, d-o-d.


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