China: Steel billet prices remain stable d-o-d
- Steel billet prices in China's remained unchanged d-o-d at RMB 3,090/t ($422/t) on 21 Jan'25. Prices include 13% VAT.
- Stability in raw material prices, rebar futures and finished steel prices have supported billet prices.
- SHFE rebar futures (May'25 delivery) remained stable d-o-d at RMB 3,354/t ($459/t) on 21 Jan.