SteelMint

Tag: China Billet

  • China: Steel billet prices drop by RMB 20/t ($3/t) d-o-d

    China: Steel billet prices drop by RMB 20/t ($3/t) d-o-d

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    by

    Adarsh Sahu
    in

    Steel billet prices in China’s Tangshan decreased by RMB 20/t ($3/t) d-o-d to RMB 3,060/t ($421/t), including 13% VAT. Prices edged down amid stagnant market conditions, with limited buying interest. Weak futures movement kept price momentum subdued. SHFE rebar futures (May’25) fell by RMB 11/t ($2/t) d-o-d to RMB 3,197/t ($440/t) on 28 Mar.