Tag: Chinese domestic billet market update
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Chinese domestic billet prices remain stable for the fourth consecutive day
Today the billet prices in the Tangshan market (northeast China) remained stable. For this whole week, prices stayed broadly stable. The billet transactions were weak, while finished steel prices reported having mixed sentiments. The prices of commonly traded Q235 billet 150mm diameter were reported at RMB 3,810/t ($590/t) in Tangshan, including 13 % VAT.