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WEEKLY: Tangshan billet supply tightness eases

ABSTRACT

The tightness of billet supplies in Tangshan, home to over 100 steel re-rollers, has eased slightly thanks to deliveries from other regions in China and from shipper abroad, according to Mysteel’s latest weekly survey.
“Although imported (billet) products are not arriving in large volumes, they have helped to balance the supply and demand,” said a market source based in this top steel-producing city in North China’s Hebei province. Mysteel estimates that during this month alone, over 400,000 tonnes of billets will flow into the

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