Author: Nidhi Awasthi

Steel billet prices in China’s Tangshan edged up by RMB 10/t ($1/t) d-o-d to RMB 3,050/t ($417/t) on 12 Feb’25. Prices include 13% VAT. An improvement in rebar futures provided support to billet prices. However, the market lacks clarity post-CNY holidays, sources informed. SHFE rebar futures (May’25 delivery) increased by RMB 17/t ($2/t) d-o-d to…