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Steel News

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Billet prices strengthen in China

19 Feb 2008 15:59 reported by Michelle Dong

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China’s steel prices are on a rising trend after Chinese New Year Holiday. The main reasons for price increasing are the higher production cost and strong demand.

Meanwhile, the steel billet and coke prices are also increased a lot. Current price of 20MnSi billet is quoted at RMB4,400~4,450/ton, while Q235 billet is prevailing at RMB4,300~4,500/ton.

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Metal Price Index

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  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug25002600270028002900
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  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug900092509500975010,00010,250
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LME Official Bid Price

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  • 9,843.00
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