Tag: Chinese domestic billet market update

Chinese domestic billet prices reported stable for the second consecutive day

Nov 4, 2020

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by

Pranjal Markale

in Billet

Today, the billet prices in the Tangshan market (northeast China) remained unchanged against yesterday. The billet transactions were smooth, while finished steel prices have seen trending upwards. The prices of commonly traded Q235 billet 150mm diameter were reported at RMB 3,460/t ($515/t) in Tangshan, inclusive of 13 % VAT.