Steel billet prices in China’s Tangshan remained stable at RMB 3,920/t ($584/t), inclusive of 13% VAT, on 23 June, 2022. According to data maintained with SteelMint, China’s SHFE rebar futures contract for Oct delivery closed today at RMB 4,235/t ($631/t), witnessing a d-o-d recovery of RMB 107/t ($16/t), d-o-d.
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