- Tangshan billet slipped RMB 10/t ($1/t) to RMB 3,010/t, while SHFE Oct’25 rebar fell RMB 39/t to RMB 3,090/t, a 1.5-month low.
- Steel output dipped, inventories edged up, and exports softened as plate mills cut $5, though HRC inquiries rose.
- Iron ore held firm on low stocks, coke faces likely cuts, and EAF margins turned negative, signalling curbs ahead. August stayed sluggish, with clearer direction awaited in September.
China: Steel billet prices edge down by RMB 10/t ($1/t)
Billet prices China China HRC demand China steel outlook September China steel prices China: Steel billet prices edge down by RMB 10/t ($1/t) Chinese steel exports chinese steel inventory Chinese steel market coke prices China EAF margins China Iron Ore Prices Rebar prices china SHFE rebar futures Tangshan billet
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