- Steel billet prices in Tangshan rose by RMB 10/t ($1/t) d-o-d to RMB 3,160/t ($440/t, including VAT), while SHFE Oct’25 rebar futures decreased by RMB 32/t ($4/t) to RMB 3,315/t ($462/t).
- Positive trade developments, with a partial Sino-US agreement and an upcoming high-level government meeting in October, improved overall sentiment.
China: Steel billet prices rise by RMB 10/t ($1/t)
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