SteelMint

Tag: china steel billet

  • China: Steel billet prices drop by RMB 30/t ($4/t)

    China: Steel billet prices drop by RMB 30/t ($4/t)

    —

    by

    Adarsh Sahu
    in

    Steel billet prices in Tangshan, China, declined by RMB 30/t ($4/t) to RMB 3,030/t ($418/t), including 13% VAT, on 31 Mar’25 against 28 Mar. Falling raw material tags, finished steel prices, and rebar futures weighed on billet offers. SHFE rebar futures (May’25) fell by RMB 38/t ($5/t) d-o-d to RMB 3,159/t ($435/t) on 31 Mar…