SteelMint

Author: Nidhi Awasthi

  • China: Steel billet prices edge up by RMB 20/t ($2/t) d-o-d

    China: Steel billet prices edge up by RMB 20/t ($2/t) d-o-d

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    by

    Nidhi Awasthi
    in

    Steel billet prices in China’s Tangshan inched up d-o-d by RMB 3,110/t ($427/t) on 20 Feb’25. Prices include 13% VAT. Rise in finished steel prices and rebar futures, coupled with improved trading activity, has supported billet prices. SHFE rebar futures (May’25 delivery) increased by RMB 43/t ($6/t) to RMB 3,358/t ($461/t) on 20 Feb’25.