Tag: Chinese domestic billet prices
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Chinese domestic billet prices remain stable
Today, the billet prices in the Tangshan market (northeast China) remained stable against yesterday. The billet transactions were moderate, while finished steel prices have started softening. The prices of commonly traded Q235 billet 150mm diameter were reported at RMB 3,580/t ($548/t) in Tangshan, inclusive of 13 % VAT.