Tag: China domestic billet prices
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Chinese Domestic Steel Market Update, 14 May’19
Billet: Yesterday, the ex-factory price of general carbon billet in Tangshan, Changli and Qian’an was settled at RMB 3,530/MT down RMB 30. Today, the steel market runs in weak trend with tepid transactions on billet and downtrend of mainstream finished steel prices. Mill direct sale is passable. The ex-warehouse spot is at RMB 3,600-3,610/MT tax-inclusive…