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, rose by RMB 10/t ($1/t) d-o-d to RMB 2,920/t ($407/t), including 13% VAT, on 8 Jul’25.
Billet prices inched up amid improved trading activity and stable raw material prices.
Meanwhile, SHFE rebar futures (Oct’25) stood at RMB 3,063/t (427/t) on 8 Jul’25.

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