Author: Nidhi Awasthi

Steel billet prices in China’s Tangshan edged up by RMB 20/t ($2/t) d-o-d to RMB 3,040/t ($417/t) on 14 Feb’25. Prices include 13% VAT. An increase in finished steel prices, rebar futures lent support to billet tags, but fluctuations in demand remain a concern. SHFE rebar futures (May’25 delivery) increased sharply by RMB 97/t ($13/t)…