Tag: Chinese domestic billet market

  • Chinese domestic billet prices remain stable

    Chinese domestic billet prices remain stable

    Today, billet prices in the Tangshan market (northeast China) remained stable for the second consecutive day. The billet transactions were moderate while finished steel prices have seen trending downwards. The prices of commonly traded Q235 billet 150mm diameter were reported at RMB 3,320/t ($487/t) in Tangshan, inclusive of 13 % VAT.