Chinese domestic billet prices rebound on higher coke prices

Chinese domestic billet prices have increased today with recent price hike in coke. Prices have increased by around RMB 80 ($12) d-o-d. The price of commonly traded Q235 billet 150mm diameter was reported at RMB 3,890-3,900/t ($602-603/t) in Tangshan, including 13 % VAT.


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