Tag: China domestic billet price

China: Steel billets prices remain stable, rebars futures edge down d-o-d

Feb 28, 2023

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by

Vaibhav Dubey

in Billet

Steel billets prices in China’s Tangshan remained stable at RMB 3,900/t ($562/t), inclusive of 13% VAT on 28 Feb’23. According to data maintained with SteelMint, China’s SHFE rebars futures contract for May’23 delivery closed today at RMB 4,174/t ($602/t), a decrease of RMB 17/t ($2/t) d-o-d.