China: Steel billet prices inch up by RMB 20/t ($3/t) d-o-d

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Steel billet prices in Tangshan, China edged up by RMB 20/t ($3/t) d-o-d to RMB 2,930/t ($408/t), including 13% VAT, on 11 Jun’25.
Billet prices rose as fresh trades gained traction, supported by steady downstream product prices and a rise in futures.
SHFE rebar futures (Oct’25) inched higher by RMB 17/t ($2/t) to RMB 2,991/t ($416/t) on 11 Jun.

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