China: Steel billet prices remain stable d-o-d

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Billet prices in Tangshan remained stable d-o-d at RMB 3,290/t ($453/t) on 25 Jun’24. Prices include 13% VAT.
Volatility in rebar futures, lower trades and unsuitable weather conditions in the region have put pressure on billet prices.
SHFE rebar futures (Oct delivery) remained stable d-o-d at RMB 3,532/t ($486/t) on 25 Jun.

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