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Tag: China domestic billet prices

  • China: Steel billet prices fall by RMB 10/t ($1/t)

    China: Steel billet prices fall by RMB 10/t ($1/t)

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    by

    Nikita Shukla
    in

    Billet prices in Tangshan inched down by RMB 10/t ($1/t) to RMB 3,460/t ($478/t) on 29 Apr’24 against 26 Apr’24. Prices include 13% VAT. Decline in finished steel prices and rebar futures have weighed on billet prices. Meanwhile, SHFE rebar futures (Oct’24 delivery) edged down by RMB 10/t ($1/t) to RMB 3,675/t ($507/t) on 29…