Tag: Chinese domestic billet market update

Chinese domestic billet prices rise by RMB 20 ($3)

Jan 8, 2021

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by

Pranjal Markale

in Billet

Today the billet prices in the Tangshan market (northeast China) rose by RMB 20 against yesterday. The billet transactions were moderate, while finished steel prices rise further. The prices of commonly traded Q235 billet 150mm diameter were reported at RMB 3,800/t ($589/t) in Tangshan, including 13 % VAT.