China: Steel billet prices inch down by RMB 10/t ($1/t) d-o-d

—

Steel billet prices in China’s Tangshan edged down by RMB 10/t ($1/t) d-o-d to RMB 3,110/t ($428/t) on 4 Dec’24. Prices include 13% VAT.
Volatility in raw material prices, finished steel tags, and rebar futures weighed on billet offers.
Meanwhile, SHFE rebar futures (Jan’25 delivery) dipped by RMB 13/t ($2/t) to RMB 3,339/t ($459/t) on 4 Dec’24.

Comments