Steel billet prices in China's Tangshan market fell by RMB 50/ton ($8/t) on September 27'21. Domestic billet prices stand at RMB 5,190/ton ($803/t) including 13% VAT.
Rebar futures contract for January 22 delivery on China's Shanghai Futures Exchange (SHFE) closed today at RMB 5,564/t ($861/t) against the closing price on September 24, at RMB 96. /ton ($15/ton) witnessed a recovery.
Comments
No comment yet.