SteelMint

Category: Billet

  • China: Steel billet prices remain stable d-o-d

    China: Steel billet prices remain stable d-o-d

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    by

    Nidhi Awasthi
    in

    Billet prices in Tangshan remained stable d-o-d at RMB 3,300/t ($456/t) on 3 Apr’24 . Prices include 13% VAT. Stability in raw materials, finished steel prices and production cut news have kept billet prices supported. SHFE rebar futures (Oct’24 delivery) were at RMB 3,463/t ($479/t) on 3 Apr’24.