Tag: SHFE Oct 2025 billet price

Steel billet prices in Tangshan, China, inched up by RMB 10/t ($1/t) d-o-d to RMB 2,960/t ($412/t), including 13% VAT, on 16 Jul’25. Billet prices rose, fuelled by firm raw material tags and shifting local supply despite sluggish downstream demand which added to the market uncertainty. SHFE Oct’25 rebar futures dipped by RMB 8/t ($1/t)…