Welcome to http://www.srtsteelpipe.com
Threeway Steel-Seamless Steel Pipe, ERW Steel Pipe, LSAW Steel Pipe, SSAW Steel Pipe
Contact Us
Seamless Steel Pipe,ERW Steel Pipe,LSAW Steel Pipe,SSAW Steel Pipe,

Threeway Steel Co., Ltd

E-mail: sales@srtsteelpipe.com

Address: 22nd Floor, Royal Wing Tower, Long Champ International Building, No.9 Xiangfu Road, Changsha, Hunan, China, PC: 410116

Hotonline: 0086-187-7406-7534 


Home - News > Industry NewsIndustry News

Tangshan spot billet prices rise RMB 30 a ton

Update:2016-09-10   View(s):1338   Keywords :

Chinese futures market rebounded slightly on Friday after heavy losses earlier this week. The most active DCE iron ore futures contract rose 0.49% and SHFE rebar futures went up 0.21%. 

An Australian miner sold 62% Fe basis PB fines on globalORE on a floating price. On COREX, 61.35% Fe Brazilian fines also traded at a floating price. 

On the same platform, 61% Fe basis PB fines were offered at 57.55, with bid price at 56.35. On globalORE, PB Fines basis 62% Fe stood at 55.9/58.5 for October arrival. After index cutoff, 61.83% Fe Brazilian fines were sold by a miner on an index-linked price. 

In China, port stock prices were stable before the weekend. Steel prices rose, with spot billet prices in Tangshan gaining RMB 30/t and rebar in Beijing rising RMB 20/t. 

All prices US$/dmt CFR China unless stated otherwise.