Author: Nidhi Awasthi

Steel billet prices in China’s Tangshan held firm d-o-d at RMB 3,080/t ($424/t), including 13% VAT. Stability in raw material prices, coupled with a modest increase in finished steel prices, has provided support to billet prices. However, volatility in rebar futures remains a key concern. SHFE rebar futures (May’25) dipped d-o-d by RMB 11/t ($2/t)…