Category: Billet
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China: Steel billet prices inch up by RMB 10/t ($1/t) d-o-d
Billet prices in Tangshan edged up by RMB 10/t ($1/t) d-o-d to RMB 3,490/t ($485/t) on 7 Mar’24. Prices include 13% VAT. Supportive sentiments from raw material and finished steel market have kept billet prices supported. However, demand is yet to improve. SHFE rebar futures (May’24 delivery) decreased marginally d-o-d by RMB 4/t to RMB…