SteelMint

China: Billet prices in Tangshan edge up RMB 10/t ($1/t) d-o-d

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by

Adarsh Sahu
in
  • Steel billet prices in Tangshan, China, increased by RMB 10/t ($1/t) d-o-d to RMB 2,950/t ($409/t), including 13% VAT, on 23 May’25.
  • Billet prices edged up amid a slow real estate recovery, despite falling futures and softer raw material tags.
  • SHFE rebar futures (Oct’25) fell by RMB 15/t ($2/t) d-o-d to RMB 3,046/t ($423/t) on 23 May’25.

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