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

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Steel billet prices in Tangshan, China, remained steady d-o-d at RMB 2,920/t ($406/t), including 13% VAT, on 19 Jun’25.
Billet prices found support from stable finished steel tags, firm rebar futures, and improving steel demand.
SHFE rebar futures (Oct’25) remained unchanged d-o-d at RMB 2,986/t ($415/t) on 19 Jun’25.

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