Tag: China steel billet prices

Steel billet prices in Tangshan, China, increased by RMB 30/t ($4/t) d-o-d to RMB 2,940/t ($410/t), including 13% VAT, on 2 Jul’25. Billet prices saw a modest rise, driven by positive policy signals and news of production curbs, which would help restrict supply. SHFE rebar futures (Oct’25) inched up by RMB 62/t ($9/t) d-o-d to RMB…