SteelMint

Tag: rebar futures prices

  • China: Billet prices fall by RMB 30/t ($4/t) d-o-d

    China: Billet prices fall by RMB 30/t ($4/t) d-o-d

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    by

    Adarsh Sahu
    in

    Steel billet prices in Tangshan, China, dropped d-o-d by RMB 30/t ($4/t) to RMB 2,940/t ($400/t), including 13% VAT, on 16 Apr’25. Volatility in raw material, finished steel prices, rebar futures as well as lower trade volumes have weighed on billet prices. SHFE rebar futures (Oct’25) decreased d-o-d by RMB 32/t (4$/t) to RMB 3,093/t…