SteelMint

Tag: China domestic billet price

  • China: Steel billet prices stable, rebar futures fall

    China: Steel billet prices stable, rebar futures fall

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    by

    Vaibhav Dubey
    in

    Steel billet prices in China’s Tangshan remained stable at RMB 4,500/t ($677/t) post-holidays, inclusive of 13% VAT on 6 Jun’22. According to data maintained with SteelMint, China’s SHFE re-bar futures contract for Oct’22 delivery closed today at RMB 4,750/t ($715/t), witnessing a decrease of RMB 38/t ($6/t) against the closing on 2 Jun.