Author: Nidhi Awasthi

Steel billet prices in China’s Tangshan dipped by RMB 30/t ($4/t) d-o-d to RMB 3,040/t ($416/t) on 11 Feb’25. Prices include 13% VAT. Declining finished steel prices and rebar futures, driven by low demand and rising inventory levels, put pressure on billet tags. SHFE rebar futures (May’25 delivery) decreased by RMB 56/t ($8/t) d-o-d to…