- Billet prices in China’s Tangshan rose RMB 20/t ($3/t) d-o-d to RMB 3,120/t ($434/t, including VAT), with SHFE rebar (Oct’25) up RMB 28/t ($4/t) to RMB 3,272/t ($455/t).
- Prices remained firm despite production cut talks, with coke in its 6th round of hikes. EAF mills faced losses amid tight scrap supply.
- Export offers rose $10/t d-o-d to near $500/t FOB despite price resistance.
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