SteelMint

Tag: China domestic billet price

  • China: Steel billet prices stable, rebar futures down

    China: Steel billet prices stable, rebar futures down

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    by

    Vaibhav Dubey
    in

    Steel billet prices in China’s Tangshan remained stable for the fourth consecutive day at RMB 4,480/t ($704/t), inclusive of 13% VAT on 27 Jan’22. According to data maintained with SteelMint, China’s rebar futures contract for May’22 delivery on the Shanghai Futures Exchange (SHFE) closed today at RMB 4,673/t ($734/t), witnessing a decrease of RMB 21/t…