Author: Nidhi Awasthi

Steel billet price in Tangshan, China, edged up by RMB 10/t ($1/t) d-o-d to RMB 3,030/t ($419/t), including 13% VAT, on 20 Mar’25. Drop in inventories, stability in finished steel prices and improvement in rebar futures have supported the billet prices. SHFE rebar futures (May’25) inched up by RMB 14/t ($2/t) d-o-d to RMB 3,176/t…