SteelMint

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

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by

Adarsh Sahu
in
  • Steel billet prices in Tangshan, China, inched up by RMB 10/t ($1/t) d-o-d to RMB 2,960/t ($413/t), including 13% VAT, on 11 Jul’25.
  • Billet prices hiked due to rising raw material tags, rebar futures and better macroeconomic policy news.
  • Meanwhile, SHFE rebar futures (Oct’25) rose by RMB 10/t ($1/t) d-o-d to RMB 3,133/t (437/t) on 11 Jul’25.

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