Tag: Chinese domestic billet prices
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Chinese Billet Prices Up as US-China Comes Close to Resolve Tariffs
Domestic billet prices in China have moved up by RMB 160-200/MT (USD 23-29) in last two days after US-China reach 90-day ceasefire in a trade dispute regarding tariff hike. As per market sources report to SteelMint, Chinese domestic billet prices are currently assessed at RMB 3,280-3,320/MT (USD 471-477) ex-Tangshan, China, including 17% VAT. As per reports,…