Tag: Chinese domestic billet prices

  • Chinese Domestic Steel Market Update, 13 May’19

    Chinese Domestic Steel Market Update, 13 May’19

    Billet: Yesterday, the ex-factory price of general carbon billet in Tangshan, Changli and Qian’an was settled at RMB 3,560/MT down RMB 20. Today, the steel market tends to go weak with mediocre transactions on billet and downward adjustment on mainstream finished steel prices. Volumes of mills’ direct sales are passable. The ex-warehouse spot is at…