Author: Nidhi Awasthi

Steel billet prices in China’s Tangshan inched up by RMB 10/t ($1/t) d-o-d to RMB 3,070/t ($421/t) on 24 Dec’24. Prices include 13% VAT. A rise in raw material prices, finished steel tags, and rebar futures supported billet offers. SHFE rebar futures (May’25 delivery) increased by RMB 24/t ($3/t) d-o-d to RMB 3,314/t ($454/t) on…