SteelMint

Author: Nidhi Awasthi

  • China: Steel billet prices remain firm d-o-d

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

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    by

    Nidhi Awasthi
    in

    Steel billet prices in China’s Tangshan stayed steady d-o-d at RMB 3,080/t ($424/t), including 13% VAT. Stability in raw material, finished steel prices and rebar futures have supported billet prices. SHFE rebar futures (May’25) remained largely stable d-o-d at RMB 3,208/t ($442/t) on 27 Mar.