Billet prices in local Chinese market – week 14

Product Name

Spec.

Category

City

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Billet

12 mm x 12 mm

Q195-Q235

Tangshan

2,080

335

↓50

Jinzhong

2,090

337

↓60

Fuzhou

2,100

339

↓70

Jiangyin

2,200

355

0

Average price

2,118

342

↓45

Billet

12 mm x 12 mm

20 MnSi

Tangshan

2,190

353

↓60

Jinzhong

2,180

352

↓70

Fuzhou

2,200

355

↓80

Jiangyin

2,300

371

0

Average price

2,218

358

↓53