WEEKLY: Tangshan billet prices mark time

Billet prices in Tangshan in North China's Hebei province stayed unchanged during June 1-7, with Mysteel assessing the price of Q235 150mm square billet in the city at Yuan 3,020/tonne ($445/t) EXW including the 13% VAT on June 7.

As for domestic supply, most steelmakers in the city maintained their production pace over the week, but with fewer export orders received during the period, the volume of the semis circulating in the domestic market increased, Mysteel noted in its weekly report. Specifically, the tonnage of billets sold or exported