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WEEKLY: Tangshan billet prices stay stable on week

Source: Mysteel Dec 02, 2024 17:45
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Billet & Bloom Demand Price Production
The price of Q235 150mm square billet in North China's Tangshan, the country's largest steel production hub, was assessed by Mysteel at Yuan 3,090/tonne ($425/t) EXW and including the 13% VAT as of December 1, which remained unchanged from one week earlier.
Tangshan billet production persisted high while demand from local re-rollers shrank last week, according to Mysteel's weekly survey.   Daily billet output among the 23 steelmakers in Tangshan that Mysteel tracks had risen for the second week, up 9,000 tonnes/day on week to average 54,100 t/d over November 22-28, hitting the

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