Tag: steel prices China July 2025

China: Steel billet prices drop by RMB 30/t ($4/t)

Jul 7, 2025

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by

Adarsh Sahu

in Billet

Steel billet prices in Tangshan, China, fell by RMB 30/t ($4/t) to RMB 2,910/t ($406/t), including 13% VAT, on 7 Jul against 4 Jul’25. Billet prices declined, pressured by falling downstream demand and softening raw material tags, reflecting overall market sluggishness.