WEEKLY: Tangshan billet price firms on diminished stocks
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- mysteel
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- rentai steel
- Issue Time
- May 28,2018
The price of Q235 billet in Tangshan in North China's Hebei province inched up by Yuan 10/tonne ($1.6/t) on week to Yuan 3,620/t EXW including the 16% VAT as of May 25. Sellers could pressure buyers by pointing to the significant drop in stocks of the semis, so market watchers said.
The price of Q235 billet in Tangshan in North China’s Hebei province inched up by Yuan 10/tonne ($1.6/t) on week to Yuan 3,620/t EXW including the 16% VAT as of May 25. Sellers could pressure buyers by pointing to the significant drop in stocks of the semis.