Tag: China domestic billet price

Domestic billets prices in China’s Tangshan increased by RMB 50/t ($7/t) d-o-d today to RMB 3,850/t ($562/t), inclusive of 13% VAT. Prices have hit a one-month high level. Rising rebars futures and finished steel prices supported billets prices, SteelMint observes. SHFE rebars futures for May’23 delivery closed today at RMB 4,146/t ($605/t), a sharp rise…