Tag: Chinese domestic billet market update

Billet consumption in Tangshan, China’s top steel-producing city in North China’s Hebei province, essentially halved last week due to a production ban on steel re-rollers in Tangshan’s Fengrun district, according to local industry sources. The ban took effect from August 19 and the re-rollers will probably only start resuming operations from September 2, Mysteel Global was…