- Steel billet prices in Tangshan, China remained steady at RMB 3,090/t ($424/t) on 3 Mar’25 against 28 Feb. Prices include 13% VAT.
- Drop in raw material prices amid weak demand and volatility in rebar futures have weighed on billet prices.
- SHFE rebar futures (May’25 delivery) inched up by RMB 4/t ($1/t) d-o-d to RMB 3,334/t ($458/t) on 3 Mar against 28 Feb.
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