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

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Steel billet prices in Tangshan, China, edged up by RMB 10/t ($1/t) d-o-d to RMB 2,930/t ($408/t), including 13% VAT, on 20 Jun’25.
Positive finished steel prices, rising rebar futures, and a recovery in domestic raw material prices supported billet tags.
SHFE rebar futures (Oct’25) were up slightly by RMB 6/t ($1/t) d-o-d to RMB 2,992/t ($416/t) on 20 Jun’25.

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