Billet prices in local Chinese markets
In China's Tangshan region, 150 x 150 mm Q195-Q235 billets are currently sold at RMB 2,420/mt ($300), down RMB 20/mt from the previous week. 150 x 150 mm 20 MnSi billets are sold at RMB 2,520/mt ($312), down RMB 20/mt. In Handan region, 150 x 150 mm Q195-Q235 billets are sold at RMB 2,390/mt ($296) and 150 x 150 mm 20MnSi billets are sold at RMB 2,490/mt ($309). Both prices are down RMB 30/mt from the previous week. In Jiangsu province, 150 x 150 mm Q195-Q235 billets are sold at RMB 2,580/mt ($320), down RMB 140/mt and 150 x 150 mm 20MnSi billets are sold at RMB 2,660/mt ($330), down RMB 100/mt. All prices are for 90 days deferred payment and 17% VAT is included.