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Tag: China steel market update

  • China: Billet prices fall by RMB 20/t ($3/t) d-o-d

    China: Billet prices fall by RMB 20/t ($3/t) d-o-d

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    by

    Adarsh Sahu
    in

    Steel billet prices in Tangshan, China, inched down by RMB 20/t ($3/t) d-o-d to RMB 2,940/t ($403/t), including 13% VAT, on 18 Apr’25. Billet tags softened amid sluggish market activity and weakening futures. SHFE rebar futures (Oct’25) dipped by RMB 16/t ($2/t) d-o-d to 3,076/t ($421/t) on 18 Apr’25.