Steel Billet Prices

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 15 Oct 2026 to 29 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.