Tag: China domestic billet price

Domestic billets prices in China’s Tangshan fell by RMB 50/t ($7/t) to RMB 3,950/t ($574/t) today against 17 Mar’23, hitting a near one-month low level. Prices include 13% VAT. Falling rebars futures, and finished steel prices have pulled down billets prices. SHFE rebars futures for May’23 delivery closed today at RMB 4,194/t ($609/t), down RMB…