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 3,410/t ($475/t) on 12 Mar’24. Prices include 13% VAT. Weak market sentiment from raw material and finished steel has weighed on billet prices. SHFE rebar futures (May’24 delivery) inched up d-o-d by RMB 30/t ($4/t) to RMB 3,636/t ($507/t) on 12 Mar’24.