Tag: China domestic billet price

China: Billets prices stable d-o-d even as rebars futures edge up

Feb 17, 2023

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by

Vaibhav Dubey

in Billet

Domestic billets prices in China’s Tangshan remained stable d-o-d at RMB 3,850/t ($560/t), inclusive of 13% VAT, on 17 Feb’23. Stability in finished steel prices has kept billets prices steady, SteelMint notes. China’s SHFE rebars futures contract for May’23 delivery closed today at RMB 4,167/t ($606/t), an increase of RMB 21/t ($3/t) d-o-d.