Author: Nidhi Awasthi

Steel billet prices in China’s Tangshan edged up by RMB 10/t ($1/t) to RMB 3,050/t ($418/t) on 30 Dec’24 against 27 Dec. Prices include 13% VAT. Improved margins at mills and a rise in rebar futures supported billet tags. However, portside inventories are still on the higher side. SHFE rebar futures (May’25 delivery) increased by…