Tag: Chinese billet index

Steel billet prices in Tangshan, China, rose by RMB 10/t ($1/t) to RMB 2,970/t ($414/t), including 13% VAT, on 14 Jul’25 as compared to 11 Jul’25. Billet prices increased due to positive policy news, rising rebar futures, and lower inventories, which indicated better sales. SHFE rebar futures (Oct’25) increased nominally by RMB 5/t ($1/t) on…