Author: Nidhi Awasthi

Steel billet prices in China’s Tangshan rose by RMB 20/t ($2/t) d-o-d to RMB 3,050/t ($420/t) on 12 Mar’25, including 13% VAT. A recovery in raw material prices and rebar futures and stability in finished steel offers supported billet tags. SHFE rebar futures (May’25) inched up by RMB 17/t ($2/t) d-o-d to RMB 3,226/t ($444/t)…