Tag: China steel billet market

China: Tangshan billet prices rise by RMB 50/t ($7/t) d-o-d

Jun 4, 2025

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by

Adarsh Sahu

in Billet

Steel billet prices in Tangshan, China rose d-o-d by RMB 50/t ($7/t) to RMB 2,910/t ($404/t), including 13% VAT, on 4 Jun’25. Billet prices showed recovery, supported by improved demand and a rise in futures. SHFE rebar futures (Oct’25) rose by RMB 50/t ($6/t) d-o-d to RMB 2,978/t ($413/t) on 4 Jun’25.