Tag: Chinese domestic billet prices

Chinese domestic billet prices witness a further drop of RMB 20

Sep 17, 2020

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by

Pranjal Markale

in Billet

Today, billet prices in the Tangshan market (northeast China) saw a drop of RMB 20, against yesterday. The billet transactions were moderate amid sluggish finished steel demand. The prices of commonly traded Q235 billet 150mm diameter were reported at RMB 3,370/t ($498/t) in Tangshan, inclusive of 13 % VAT.