Steel billet prices in China’s Tangshan region remained stable at RMB 4,320/t ($676/t), inclusive of 13% VAT on 26 Nov’21. According to data maintained with SteelMint, China’s rebar futures contract for May’22 delivery on the Shanghai Futures Exchange (SHFE) closed today, 26 Nov’21, at RMB 4,104/t ($642/t).
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