Tag: Steel billet price July 2025

Steel billet prices in Tangshan, China, rose by RMB 30/t ($4/t) d-o-d to RMB 2,950/t ($411/t), including 13% VAT, on 10 Jul’25. Billet prices rose due to firm support from raw material tags, rising rebar futures, and stronger sales. Meanwhile, SHFE rebar futures (Oct’25) increased sharply by RMB 60/t ($8/t) d-o-d to RMB 3,123/t (435/t) on…