Tag: China domestic billet price

Domestic billets prices in China’s Tangshan remained stable for the second consecutive day on 8 Feb’23. Prices stood at RMB 3,770/t ($556/t), inclusive of 13% VAT. A recovery in rebars futures has lent support to billets prices, SteelMint notes. China’s SHFE rebars futures contract for May’23 delivery closed today at RMB 4,055/t ($598/t), an increase…