Tag: Chinese domestic billet prices

Today, the ex-factory price of general carbon billet in Tangshan, Changli and Qian’an was settled at RMB 3,410/MT, down RMB 20 since morning. However on weekly basis it dropped RMB 80-100 compared with last Friday. This was primarily due to heavy rains in southern China. Today, the steel market is slowing down, with floppy transactions…