Tag: Chinese billet domestic prices
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Chinese Billet Prices Surge After Tangshan Production Cuts
Towards end of last week, Tangshan announced steel & sintering production cuts of 20-50% until 1st Aug to curb air pollution. Against Friday’s Chinese domestic billet prices went up by RMB 100 (USD 14-15/MT, yesterday) Billet: Yesterday, the ex-factory price of general carbon billet in Tangshan, Changli and Qian’an went up by RMB 50 to…