China: Steel billet prices remain stable d-o-d

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Billet prices in China, Tangshan, stayed flat at RMB 3,030/t, while SHFE Oct’25 rebar futures slipped RMB 19/t to RMB 3,118/t.
In raw materials, iron ore hit a two-week low, while coke prices may be raised again. Fresh US tariffs also weighed on sentiment.
Locally, billet tags in other regions were stable, though the export index eased by $2/t.

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