Billet prices in local Chinese market – week 7

Product Name

Spec.

Category

City

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Billet

12 mm x 12 mm

Q195-Q235

Tangshan

2,040

327

0

Jinzhong

2,020

324

0

Fuzhou

2,130

341

0

Jiangyin

2,220

356

↓30

Average price

2,103

337

↓8

Billet

12 mm x 12 mm

20 MnSi

Tangshan

2,120

340

0

Jinzhong

2,100

337

0

Fuzhou

2,230

357

0

Jiangyin

2,330

373

↓40

Average price

2,195

352

↓10