Tag: China steel outlook September

  • China: Steel billet prices edge down by RMB 10/t ($1/t)

    China: Steel billet prices edge down by RMB 10/t ($1/t)

    Tangshan billet slipped RMB 10/t ($1/t) to RMB 3,010/t, while SHFE Oct’25 rebar fell RMB 39/t to RMB 3,090/t, a 1.5-month low. Steel output dipped, inventories edged up, and exports softened as plate mills cut $5, though HRC inquiries rose. Iron ore held firm on low stocks, coke faces likely cuts, and EAF margins turned…