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 inched up by RMB 10/t ($1/t) d-o-d to RMB 2,900/t ($404/t), including 13% VAT, on 13 Jun’25.
Stability in rebar futures has provided support to billet prices. However, weak domestic raw material prices remains a concern.
SHFE rebar futures (Oct’25) remained largely stable at RMB 2,969/t ($414/t) on 13 Jun’25.

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