Tag: china billet prices
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China: Tangshan billet price falls on slack trading
The Q235 150mm square billet price in Tangshan, the country’s top steel producing city in North China’s Hebei province, declined by Yuan 50/tonne ($7.8/t) on week to Yuan 5,250/t EXW and including the 13% VAT as of October 15, according to Mysteel’s assessment. Market insiders attributed the price declines to poor billet trading. For four…