Billet prices in local Chinese market – week 4

Product Name

Spec.

Category

City

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Billet

12 mm x 12 mm

Q195-Q235

Tangshan

2,050

330

↓30

Jinzhong

2,050

330

↓30

Fuzhou

2,150

346

↓50

Jiangyin

2,350

378

↓50

Average price

2,150

346

↓40

Billet

12 mm x 12 mm

20 MnSi

Tangshan

2,120

341

↓60

Jinzhong

2,100

338

↓40

Fuzhou

2,230

359

↓50

Jiangyin

2,480

399

↓40

Average price

2,233

360

↓48