Intel Details

China: Steel billet prices edge down by RMB 10/t ($1/t) d-o-d

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20 Sep 2024, 19:11 IST
Steel Mint Intel

  • Billet prices in Tangshan decreased by RMB 10/t ($1/t) to RMB 2,900/t ($411/t) d-o-d on 20 Sep'24. Prices include 13% VAT.
  • Drop in rebar futures weighed on billet prices. However, demand continues to remain supportive.
  • Meanwhile, SHFE rebar futures (Jan'25 delivery) fell by RMB 23/t ($3/t) to RMB 3,183/t ($451/t) d-o-d on 20 Sep.

20 Sep 2024, 19:11 IST
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