- Billet prices in Tangshan held steady at RMB 3,030/t, while SHFE Oct’25 rebar futures inched up marginally by RMB 1/t to RMB 3,119/t.
- Despite broader market weakness, physical prices remained largely stable, with limited downside in HRC.
- Export activity was mixed, as some cargoes faced stricter checks at ports, though major mills managed firm volumes.
- September demand is expected to improve.
Leave a Reply