SteelMint

Tag: SHFE futures

  • China: Steel billet prices remain stable d-o-d

    China: Steel billet prices remain stable d-o-d

    —

    by

    Adarsh Sahu
    in

    Steel billet prices in Tangshan, China, held firm d-o-d at RMB 2,970/t ($406 /t), including 13% VAT, on 11 Apr’25. Volatility in raw material offers, finished steel prices, and rebar futures weighed on billet tags. SHFE rebar futures (Oct’25) dipped by RMB 8/t ($1/t) d-o-d to RMB 3,131/t ($428/t) on 11 Apr’25.