Author: Nidhi Awasthi

China: Tangshan billet prices inch up by RMB 10/t ($1/t) d-o-d

Mar 25, 2025

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by

Nidhi Awasthi

in Billet

Steel billet price in Tangshan, China inched up d-o-d by RMB 10/t ($1/t) to RMB 3,080/t ($425/t) on 25 Mar’25, including 13% VAT. Increase in raw material prices, and rebar futures, along with stability in finished steel prices and falling inventory have supported billet prices. SHFE rebar futures (May’25) rose d-o-d by RMB 16/t ($2/t)…