Tag: China: Steel billet prices hold steady for second consecutive day

Billet prices in Tangshan held steady at RMB 3,030/t, while SHFE Oct’25 rebar futures inched up marginally by RMB 1/t to RMB 3,119/t. Despite broader market weakness, physical prices remained largely stable, with limited downside in HRC. Export activity was mixed, as some cargoes faced stricter checks at ports, though major mills managed firm volumes.…