Tag: Tangshan billet update

Steel billet prices in Tangshan, China stood firm at RMB 2,910/t ($405/t), including 13% VAT, on 9 Jun’25 against 6 Jun. Billet prices were supported by positive developments in US-China discussions and mild uptick in futures. SHFE rebar futures (Oct’25) increased marginally by RMB 6/t ($1/t) to RMB 2,981/t ($415/t) on 9 Jun’25 against 6…