Billet prices in local Chinese market – week 13

Product Name

Spec.

Category

City

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Billet

12 mm x 12 mm

Q195-Q235

Tangshan

2,130

343

↑80

Jinzhong

2,150

346

↑100

Fuzhou

2,170

349

↑30

Jiangyin

2,200

354

↑50

Average price

2,163

348

↑65

Billet

12 mm x 12 mm

20 MnSi

Tangshan

2,250

362

↑100

Jinzhong

2,250

362

↑100

Fuzhou

2,280

367

↑40

Jiangyin

2,300

370

↑50

Average price

2,270

366

↑73