China: Steel billet prices edge up by RMB 10/t ($1/t) d-o-d

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Steel billet prices in Tangshan, China, increased by RMB 10/t ($1/t) d-o-d to RMB 3,060/t ($422/t), including 13% VAT, on 2 Apr’25.
Stability in raw material and finished steel prices supported billet tags despite limited trading activity.
SHFE rebar futures (May’25) inched down by RMB 4/t ($1/t) d-o-d to RMB 3,166/t ($436/t) on 2 Apr.

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