Tag: China’s domestic billet prices
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China: Domestic Steel Market Update 07 May’19
Yesterday the ex-factory price of general carbon billet in Tangshan, Changli and Qian’an areas was settled at RMB 3,580/MT down RMB20. The billet inventory at warehouses of Xiangyu Zhengfeng and Haiyi Hongrun is 327,200 tons, down 10,800 tons. The overall shipment of finished products is smooth, and it is expected that the billet may gain…