Tag: Tangshan billet price

  • China: Steel billet prices drop by RMB 10/t ($1/t)

    China: Steel billet prices drop by RMB 10/t ($1/t)

    Steel billet prices in Tangshan, China, dropped by RMB 10/t ($1/t) from last Friday to RMB 3,050/t ($425/t, including VAT), while SHFE Oct’25 rebar futures slipped RMB 4/t ($1/t) to RMB 3,204/t ($446/t). The market was quiet, with weak demand and soft prices. Mills remained profitable, while exports were steady. Southeast Asian offers rose $15/t…