Tag: Tangshan Billet Prices
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Chinese Domestic Billet Prices Shoot up by $15/t
Chinese domestic spot billet prices continue to move up amid rising steel futures Billet prices in the Chinese local market shot up by $15/t (Yuan 100/t) on Thursday. Prices for 150*150mm Q235 were reported at 3,850-3,900/t ($578), ex-Tangshan (including 17% VAT), which is 100 yuan ($15) per tonne higher than previous day’s trade. The price…