Steel·Commodity Hub
Steel Billet Prices
Billet on the stated basis.
Billet Market Assessments
Latest observation per series, with the change against the previous observation and its date
Swipe sideways for basis, change and date. The unit is printed with each price.
| Benchmark Name | Latest Price | Assessment Date | Change vs Previous | Delivery Basis | Term | Trend |
|---|---|---|---|---|---|---|
| ¥3030.00/mt | 9 Oct 2026 | +20.00(+0.7%) vs 8 Oct 2026 | Billet Ex-stock Tangshan VAT-inclusive | — | ||
| $480.00/mt | 9 Oct 2026 | +5.00(+1.1%) vs 8 Oct 2026 | FOB Black Sea | FOB | ||
| $462.00/mt | 9 Oct 2026 | +1.00(+0.2%) vs 8 Oct 2026 | FOB China | FOB | ||
| $540.00/mt | 10 Sep 2026 | +10.00(+1.9%) vs 13 Aug 2026 | FOB | FOB | ||
| $490.00/mt | 9 Oct 2026 | 0.00(0.0%) vs 8 Oct 2026 | CFR Southeast Asia | CFR | ||
| $505.00/mt | 9 Sep 2026 | +5.00(+1.0%) vs 13 Aug 2026 | FOB Latin America port | FOB | ||
| $515.00/mt | 9 Oct 2026 | +5.00(+1.0%) vs 8 Oct 2026 | CFR Turkish port | CFR |
Specifications, coverage and how to compare
Trading Basis & Assessment Specifications
Each series keeps its own delivery basis and published unit.
Hub Coverage
- 7 series with a loaded observation; 5 daily and 2 weekly.
- Units: USD/mt (6), CNY/mt (1). Values in different units are not converted or compared on this site.
- Delivery terms in the basis column: FOB (4), CFR (2), no Incoterm stated (1). Different delivery terms are not interchangeable; the gap may reflect freight, insurance, basis, parcel and timing differences.
- Latest assessment dates range from 9 Sep 2026 to 9 Oct 2026; compare only series with the same date.
How to Compare These Series
- For day-to-day moves use a daily series (Billet Ex-stock Tangshan VAT-inclusive, Billet FOB Black Sea, Billet FOB China, Billet CFR Southeast Asia and 1 more); for week-on-week and monthly context use a weekly series (Billet Turkey exports FOB, Billet Latin America exports FOB Latin America port). A daily and a weekly series are related markets, not one history.
- FOB series (4) price the cargo at the loading port; CFR series (2) include freight to the named destination. Compare within one delivery term; the gap between terms may reflect freight, insurance, location basis, parcel size and timing, and is neither a margin nor a freight rate.
- Units differ: CNY/mt (1), USD/mt (6). Pick the series in the unit you trade; this site does not convert between them.
Based on each series delivery term, unit and type. No average across bases or units is computed for this hub.
Sources for the explanations on this page
- ICC Incoterms® 2020 rules (FOB, CFR, CIF, FCA definitions) — Meaning of the delivery terms used in the basis column.
- Basis and unit as shown in the table
Prices and dates are published observations. Counts and ranges above are computed from those observations (methodology).