- Billet prices in Tangshan inched down by RMB 10/t ($1/t) d-o-d to RMB 3,430/t ($474/t) on 7 Jun’24. Prices include 13% VAT.
- Slow demand and volatility in finished steel prices have weighed on billet prices.
- SHFE rebar futures (Oct’24 delivery) decreased by RMB 10/t ($1/t) d-o-d to RMB 3,655/t ($505/t) on 7 Jun’24.
