Tag: Chinese billet prices
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China: Domestic Billet Prices Soften in Early Trading Sessions
Yesterday, the ex-factory price of general carbon billet in Tangshan ,Changli and Qian’an areas was settled at RMB 3,580/MT down RMB 20. The billet inventory of Xiangyu Zhengfeng and Haiyi Hongrun are 309,100 tons, down 10,300 tons. The overall shipment of finished products is weak, and it is expected that the billet will drop by…