Steel billet prices in China’s Tangshan remained stable at RMB 4,520/t ($677/t), inclusive of 13% VAT on 9 June 2022. According to data maintained with SteelMint, China’s SHFE re-bar futures contract for October 2022 delivery closed today at RMB 4,791/t ($717/t), witnessing a marginal decrease of RMB 4/t ($1/t), d-o-d.
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