Tag: Chinese billet index
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China: Steel billet prices remain unchanged d-o-d on muted market signals
Steel billet prices in China’s Tangshan remained stable d-o-d at RMB 2,970/t ($404/t) including 13% VAT on 15 Apr’25. Market stayed steady as mills held offers unchanged amid stable raw materials, soft rebar futures, and subdued export outlook. SHFE rebar futures (Oct’25) remained largely stable d-o-d at RMB 3125/t ($425/t) on 15 Apr.