Tag: billet supply China
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China: Steel billet prices remain firm d-o-d
Steel billet prices in Tangshan, China, held stable d-o-d at RMB 2,910/t ($405/t), including 13% VAT, on 26 Jun’25. Billet prices were supported by healthy demand from mills and a mild tightening of supply in the market. SHFE rebar futures (Oct’25) held largely stable d-o-d at RMB 2,973/t ($414/t) on 26 Jun’25.