- Billet prices in Tangshan inched down by RMB 10/t ($1/t) to RMB 3,460/t ($478/t) on 29 Apr’24 against 26 Apr’24. Prices include 13% VAT.
- Decline in finished steel prices and rebar futures have weighed on billet prices.
- Meanwhile, SHFE rebar futures (Oct’24 delivery) edged down by RMB 10/t ($1/t) to RMB 3,675/t ($507/t) on 29 Apr’24 against 26 Apr’24.
