Tag: china billet prices

Steel billet prices in China’s Tangshan rose by RMB 30/t ($4/t) d-o-d to RMB 3,090/t ($427/t) on 19 Nov’24. Prices include 13% VAT. A recovery in buying activity and an increase in raw material and finished steel prices supported billet tags. Meanwhile, SHFE rebar futures (Jan’25 delivery) increased by RMB 43/t ($6/t) d-o-d to RMB…