- Steel billet prices in Tangshan, China, dropped by RMB 10/t ($1/t) from last Friday to RMB 3,050/t ($425/t, including VAT), while SHFE Oct’25 rebar futures slipped RMB 4/t ($1/t) to RMB 3,204/t ($446/t).
- The market was quiet, with weak demand and soft prices. Mills remained profitable, while exports were steady. Southeast Asian offers rose $15/t from Friday, but trades were slow.
China: Steel billet prices drop by RMB 10/t ($1/t)
billet price drop China China mill profitability China rebar prices China steel billet market China steel export China: Steel billet prices drop by RMB 10/t ($1/t) Rebar futures October 2025 SHFE rebar futures Southeast Asia steel offers steel demand China steel market China Tangshan billet price Tangshan steel update
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