Tag: China domestic billet price

Domestic billet prices in Tangshan decreased d-o-d by RMB 50/t ($7/t) to RMB 3,670/t ($512/t), inclusive of 13% VAT on 11 Oct’22. Low demand after the National Holidays and a sharp decline in rebar futures have pulled down prices. China’s SHFE rebar futures contract for Jan’23 delivery closed today at RMB 3,774/t ($527/t), a sharp…