SteelMint

Tag: raw material support

  • China: Steel billet prices held firm d-o-d

    China: Steel billet prices held firm d-o-d

    —

    by

    Adarsh Sahu
    in

    Steel billet prices in Tangshan, China, stood stable d-o-d at RMB 2,920/t ($407/t), including 13% VAT, on 9 Jul’25. Stability in raw material prices have supported billet prices. However, demand is still on the lower side. Meanwhile, SHFE rebar futures (Oct’25) held largely stable d-o-d at RMB 3,063/t (427/t) on 9 Jul’25.