Author: Nidhi Awasthi

Steel billet prices in China’s Tangshan fell by RMB 20/t ($3/t) to RMB 3,070/t ($420/t) on 10 Feb’25 as against 7 Feb’25. Prices include 13% VAT. A decline in rebar futures, along with fluctuations in demand following the Lunar New Year holidays, weighed on billet prices. SHFE rebar futures (May’25 delivery) dipped by RMB 21/t…