- Billet prices in Tangshan remained stable d-o-d at RMB 3,490/t ($482/t) on 19 Apr’24. Prices include 13% VAT.
- Stability in finished steel prices and lower inventory have kept billet prices supported.
- Meanwhile, SHFE rebar futures (Oct’24 delivery) decreased d-o-d by RMB 7/t ($1/t) to RMB 3,675/t ($508/t) on 19 Apr’24.
