SteelMint

Category: Billet

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

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

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    by

    Nidhi Awasthi
    in

    Billet prices in Tangshan inched up d-o-d by RMB 10/t ($1/t) to RMB 3,410/t ($471/t) on 12 Apr’24. Prices include 13% VAT. Active restocking, supportive raw material, finished steel prices and rebar futures have continued to support billet prices. Meanwhile, SHFE rebar futures (Oct’24 delivery) increased d-o-d by RMB 15/t ($2/t) to RMB 3,628/t ($501/t)…