Tag: steel futures China

Steel billet prices in Tangshan rose by RMB 10/t ($1/t) d-o-d to RMB 3,160/t ($440/t, including VAT), while SHFE Oct’25 rebar futures decreased by RMB 32/t ($4/t) to RMB 3,315/t ($462/t). Positive trade developments, with a partial Sino-US agreement and an upcoming high-level government meeting in October, improved overall sentiment.