Tag: China domestic billet price

Billet prices in Tangshan inched down by RMB 40/t ($6/t) d-o-d to stand at RMB 3,570/t ($503/t) on 31 Jan’24. Prices include 13% VAT. Fall in rebar futures, raw materials and finished steel prices have weighed on the billet prices. SHFE rebar futures (May’24 delivery) has decreased by RMB 44/t ($6/t) d-o-d at RMB 3,869/t…