SteelMint

China: Steel billet prices inch up by RMB 10/t ($1/t) d-o-d

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by

Nidhi Awasthi
in
  • Billet prices in Tangshan edged up by RMB 10/t ($1/t) to RMB 3,200/t ($453/t) d-o-d on 11 Oct’24. Prices include 13% VAT.
  • Improvement in rebar futures and demand supported billet prices.
  • SHFE rebar futures (Jan’25 delivery) recovered by RMB 26/t ($4/t) to RMB 3,468/t ($491/t) d-o-d on 11 Oct’24.

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