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), while 150 x 150 mm 20 MnSi billets are sold at RMB 2,520/mt ($312). In Handan region, 150 x 150 mm Q195-Q235 billets are sold at RMB 2,400/mt ($296), up RMB 10/mt from a week ago and 150 x 150 mm 20MnSi billets are still sold at RMB 2,490/mt ($309). In Jiangsu province, 150 x 150 mm Q195-Q235 billets are sold at RMB 2,580/mt ($320), and 150 x 150 mm 20MnSi billets are sold at RMB 2,660/mt ($330). The prices have not changed from the previous week. In Liaoning province, 150 x 150 mm Q195-Q235 billets are sold at RMB 2,450/mt ($304) and 150 x 150 mm 20MnSi billets are sold at RMB 2,530/mt ($314). Q195-Q235 slabs are sold at RMB 2,400/mt ($304). All prices are for 90 days deferred payment and 17% VAT is included.