Billet prices in local Chinese market – week 47

Product Name

Spec.

Category

City

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Billet

150 mm x 150 mm

Q195-Q235

Tangshan

2,500

408

↑30

Jinzhong

2,400

392

↓20

Fuzhou

2,600

425

0

Jiangyin

2,550

417

↓50

Average price

2,513

411

↓10

Billet

150 mm x 150 mm

20 MnSi

Tangshan

2,600

425

↑20

Jinzhong

2,500

408

↓20

Fuzhou

2,700

441

0

Jiangyin

2,650

433

↓50

Average price

2,613

427

↓13