China: Steel billet prices remain stable d-o-d

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Steel billet prices in Tangshan, China, stood firm d-o-d at RMB 2,910/t ($405/t), including 13% VAT, on 10 Jun’25.
Billet prices held steady, supported by stable futures and a slight uptick in finished steel prices.
SHFE rebar futures (Oct’25) fell marginally by RMB 7/t ($1/t) to RMB 2,974/t ($414/t) on 10 Jun’25.

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