Tag: Chinese domestic billet market
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Chinese domestic billet prices witness a rise of RMB 10
Today, billet prices in the Tangshan market (northeast China) increased by RMB 10 against yesterday. The billet transactions were moderate, and finished steel prices have started trending upwards. The prices of commonly traded Q235 billet 150mm diameter were reported at RMB 3,330/t ($488/t) in Tangshan, inclusive of 13 % VAT.