Tag: Chinese domestic billet prices
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Chinese domestic billet prices plunge by RMB 140 ($23)
The billet prices in the Tangshan market (northeast China) saw a sharp drop of RMB 150 ($21) due to a fall in Chinese rebar futures in the last two days. The billet transactions were weak, while finished steel prices saw a downward trend. The prices of commonly traded Q235 billet 150mm diameter were reported at…