- Billet prices in Tangshan remained stable d-o-d ahead of holidays at RMB 3,460/t ($478/t) on 30 Apr’24. Prices include 13% VAT.
- Weak market sentiments and enough stocks at steel mills amid holiday mood have put pressure on billet market.
- SHFE rebar futures (Oct’24 delivery) dipped d-o-d by RMB 19/t ($3/t) to RMB 3,656/t ($505/t) on 30 Apr’24.
