Tag: China domestic billet price

Billet prices in Tangshan rose by RMB 250/t ($36/t) over the past two trading days, reaching RMB 3,300/t ($471/t) on 30 September 2024. Prices include 13% VAT. A sharp rise in rebar futures, finished steel, and raw material prices drove billet prices higher. SHFE rebar futures (Jan’25 delivery) increased by RMB 210/t ($30/t) to RMB…