Tag: Chinese domestic billet prices

Steel billet prices in China’s Tangshan rose by RMB 20/t ($3/t) on 15 Jul’21. Domestic billet prices stand at RMB 5,140/t ($796/t) inclusive of 13% VAT. According to data maintained with SteelMint, Chinese rebar futures for the active Oct’21 contract settled at RMB 5,546/t ($859/t), falling slightly today by RMB 34/t ($5/t) after registering a…