China: Steel billet prices rise by RMB 30/t ($4/t) d-o-d

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Steel billet prices in Tangshan, China, rose by RMB 30/t ($4/t) d-o-d to RMB 2,970/t ($404/t), including 13% VAT, on 10 Apr’25.
Billet prices strengthened amid stable raw material costs, rising rebar futures and finished steel tags, and improved export inquiries.
SHFE rebar futures (Oct’25) increased by RMB 51/t ($7/t) d-o-d to RMB 3,139/t ($427/t) on 10 Apr’25.

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