Tag: China domestic billet price

Steel billet prices in China’s Tangshan fell sharply by RMB 90/t ($13/t) on 13 June 2022 following a steep decline in rebar futures. Prices stood at RMB 4,430/t ($658/t), inclusive of 13% VAT. According to data maintained with SteelMint, China’s SHFE re-bar futures contract for Oct’22 delivery closed today at RMB 4,691/t ($696/t), falling by…