Billet prices in local Chinese markets
In China's Tangshan region, 150 x 150 mm Q195-Q235 billets and 150 x 150 mm 20 MnSi billets retain their last week's price levels, respectively at RMB 2,420/mt ($300) and at RMB 2,520/mt ($312). In Handan region, 150 x 150 mm Q195-Q235 billets are sold at RMB 2,400/mt ($297) and 150 x 150 mm 20MnSi billets are sold at RMB 2,490/mt ($309), both remain unchanged from the previous week. In Jiangsu province, 150 x 150 mm Q195-Q235 billets are sold at RMB 2,600/mt ($322), up RMB 20/mt weekly and 150 x 150 mm 20MnSi billets retain RMB 2,660/mt ($330) level. 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 2,550/mt ($316), up RMB 20/mt from the previous week. Q195-Q235 slabs are sold at RMB 2,400/mt ($297). All prices are for 90 days deferred payment and 17% VAT is included.