SteelMint

Tag: China domestic billet price

  • China: Steel billet prices remain stable post-holidays

    China: Steel billet prices remain stable post-holidays

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    by

    Vaibhav Dubey
    in

    Steel billet prices in China’s Tangshan remained stable post-mid Autumn festival holidays at RMB 3,720/t ($537/t), inclusive of 13% VAT on 13 Sept’22. According to data maintained with SteelMint, China’s SHFE rebar futures contract for Jan’23 delivery closed today at RMB 3,794/t ($548/t), largely stable as against the closing on 9 Sept’22.