Today, the billet prices in the Tangshan market (northeast China) opened with a drop of RMB 10, against last week’s closing. The billet transactions were moderate, while the finished steel market had mixed sentiments. The prices of commonly traded Q235 billet 150mm diameter were reported at RMB 3,420/t ($511/t) in Tangshan, inclusive of 13 % VAT.
Leave a Reply