- Billet prices in Tangshan dipped by RMB 30/t ($4/t) d-o-d to RMB 3,460/t ($481/t) on 8 Mar’24. Prices include 13% VAT.
- Volatility in finished steel prices and rebar futures continued to weigh on billet prices.
- SHFE rebar futures (May’24 delivery) decreased d-o-d by RMB 17/t ($2/t) to RMB 3,691/t ($513/t).
