Tag: Chinese billet domestic offers

Billet: Yesterday, the ex-factory price of general carbon square billet in Tangshan, Changli and Qian‘an was settled at RMB 3,570/MT, down RMB 20. Today, the steel market is in weak consolidation, echoed with insufficient transactions on billet and downward prices of finished products. Mill direct sales are moderate, the ex-warehouse spot is around RMB 3,630-3,640/MT…