China: Steel billet prices inch down by RMB 20/t ($3/t) d-o-d

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Steel billet prices in Tangshan, China, edged down by RMB 20/t ($3/t) d-o-d to RMB 2,940/t ($404/t), including 13% VAT, on 30 Apr’25.
Sluggish market sentiments from raw material and finished steel prices and rebar futures weighed on billet tags.
SHFE rebar futures (Oct’25) remained largely stable d-o-d at RMB 3,096/t ($426/t) on 30 Apr’25.

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