Tag: China Domestic Billet Price and Inventories

Billet inventories at traders in Tangshan; China’s largest steel producing hub in North China’s Hebei province, reached a new low last week. Even though the stocks total only edged down another 1,300 MT or 0.1% on week to 128,300 MT as of December 5, Mysteel’s latest survey showed. Nonetheless, this was the lowest since Apr’12…