Tag: billet price rise China

Steel billet prices in Tangshan, China edged up by RMB 20/t ($3/t) d-o-d to RMB 2,930/t ($408/t), including 13% VAT, on 11 Jun’25. Billet prices rose as fresh trades gained traction, supported by steady downstream product prices and a rise in futures. SHFE rebar futures (Oct’25) inched higher by RMB 17/t ($2/t) to RMB 2,991/t…