Tag: Steel billet trading activity

Steel billet prices in Tangshan, China, dropped by RMB 30/t ($4/t) d-o-d to RMB 2,960/t ($406/t), including 13% VAT, on 29 Apr’25. Prices fell, as trading slowed ahead of the Labour Day holidays, compounded by a continued dip in SHFE futures. SHFE rebar futures (Oct’25) declined by RMB 29/t ($4/t) d-o-d to RMB 3,100/t ($425/t)…