Tag: China: Steel billet prices edge up by RMB 10/t ($1/t) d-o-d

Billet prices in Tangshan inched up by RMB 10/t ($1/t) d-o-d to RMB 2,960/t ($415/t), while SHFE Jan’26 rebar rose RMB 72/t ($10/t) to RMB 3,117/t ($437/t). The billet market was range-bound amid weak rebar trade and high steel output and inventories. Export demand slowed in Southeast Asia and Africa but remained firm in South…