April 21st, Tangshan billet direct sales transactions are generally average

On April 21, in Tangshan, the direct billet transactions were generally average. Warehouse spot prices were quoted at 3,090 yuan/ton (including tax) for ex-warehouse delivery. Downstream finished steel prices are mainly stable, with slower trading. It is expected that in the afternoon, billet ex-factory prices may see a low-price “supplementary increase” (or following up on the dip at lower prices). (My Steel Network)

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