Author: Nidhi Awasthi

Steel billet prices in Tangshan, China inched up by RMB 10/t ($1/t) d-o-d to RMB 2,900/t ($404/t), including 13% VAT, on 13 Jun’25. Stability in rebar futures has provided support to billet prices. However, weak domestic raw material prices remains a concern. SHFE rebar futures (Oct’25) remained largely stable at RMB 2,969/t ($414/t) on 13…