Tag: billet price rise China

China: Tangshan’s steel billet prices edge up by RMB 10/t ($1/t) d-o-d despite market volatility

May 28, 2025

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by

Adarsh Sahu

in Billet

Steel billet prices in Tangshan, China, inched up by RMB 10/t ($1/t) d-o-d to RMB 2,910/t ($404/t), including 13% VAT, on 28 May’25. The marginal uptick came despite continued volatility in raw material costs, finished steel markets, and rebar futures. SHFE rebar futures (Oct’25) fell by RMB 16/t ($2/t) d-o-d to RMB 2,964/t ($411/t) on…