Tag: China bilet prices

China: Steel billets prices stable d-o-d; rebar futures improves

Nov 3, 2022

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by

Ratiram Gurjar

in Billet, Rebar

Steel billets prices in China’s Tangshan remained stable due to hike in futures prices and improved demand d-o-d on 3 Nov’22. Prices stood at RMB 3,450/t ($474/t), inclusive of 13% VAT. According to data maintained with SteelMint, China’s SHFE rebar futures contract for Jan’23 delivery closed today at RMB 3504/t ($479/t), up RMB 19/t ($2.6/t),…