China: Steel billet prices drop by RMB 20/t ($3/t) d-o-d

—

Steel billet prices in China’s Tangshan decreased by RMB 20/t ($3/t) d-o-d to RMB 3,060/t ($421/t), including 13% VAT.
Prices edged down amid stagnant market conditions, with limited buying interest. Weak futures movement kept price momentum subdued.
SHFE rebar futures (May’25) fell by RMB 11/t ($2/t) d-o-d to RMB 3,197/t ($440/t) on 28 Mar.

Comments