Tag: Chinese Billet Offer

Chinese domestic billet offers rise by RMB 100-120/MT ($14-17) in line with rising demand and expensive raw material. Current offers for Q235, 150*150mm sized billets are at RMB 3250/MT ($471) ex-Tanshang, prices including 17% VAT. Prices are also supported by recent ban on coal imports from North Korea, this means Chinese buyers possibly have to…