Tag: China domestic billet price

China: Steel billet prices stable d-o-d, rebar futures edge lower

Oct 20, 2022

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by

Vaibhav Dubey

in Billet

Domestic billets prices in China’s Tangshan remained stable for the second consecutive day at RMB 3,620/t ($501/t), inclusive of 13% VAT on 20 Oct’22. Drop in futures and finished steel prices have weighed on the domestic billets prices. China’s SHFE rebars futures contract for Jan’23 delivery closed today at RMB 3,594/t ($497/t), a fall of…