Category: Billet
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China: Steel billet prices edge up by RMB 20/t ($3/t) d-o-d
Billet prices in Tangshan inched up d-o-d by RMB 20/t ($3/t) to RMB 3,410/t ($474/t) on 21 Mar’24. Prices include 13% VAT. Rise in rebar futures, stability in finished steel prices along with recovery in demand have supported the billet prices. SHFE rebar futures (May’24 delivery) increased d-o-d by RMB 46/t ($6/t) to RMB 3,616/t…