SteelMint

Tag: China domestic billet price

  • China: Billets prices stable d-o-d, rebars futures edge down

    China: Billets prices stable d-o-d, rebars futures edge down

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    by

    Vaibhav Dubey
    in

    Domestic billets prices in China’s Tangshan remained stable d-o-d at RMB 3,790/t ($556/t), inclusive of 13% VAT, on 10 Feb’23. Steady finished steel prices have supported billets prices, SteelMint notes. However, China’s SHFE rebars futures contract for May’23 delivery closed today at RMB 4,074/t ($598/t), a decrease of RMB 11/t ($2/t) d-o-d.