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Tag: billet price July 2025

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

    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…