Tag: China billet import price

China’s billet import price indications rose significantly as rebar futures edged higher. SteelMint assesses billet import prices at $630/t CFR against $600/t CFR last week. Recently, Indonesia’s Dexin Steel exported billets to China at around $630-632/t CFR. China’s rebar futures contract for May’22 delivery on the Shanghai Futures Exchange (SHFE) closed today at RMB 4,664/t…