Tag: Chinese billet domestic prices

Steel billet prices in China’s Tangshan rose by RMB 30/t ($5/t) on 10 Sept’21. Domestic billet prices stood at RMB 5,200/t ($807/t), inclusive of 13% VAT. According to data maintained with SteelMint, China’s rebar futures contract for Jan’22 delivery closed today at RMB 5,640/t ($876/t), d-o-d, falling RMB 42/t ($6/t) after witnessing a sharp increase…