Tag: China domestic billet price

Domestic billets prices in China’s Tangshan increased by RMB 30/t ($4/t) d-o-d to RMB 3,500/t ($492/t), inclusive of 13% VAT on 11 Nov’22. Improved buying interest followed by a hike in futures and finished steel prices supported domestic billets prices. China’s SHFE rebar futures contract for Jan’23 delivery closed today at RMB 3,637/t ($512/t), a…