China: Billet prices hold steady d-o-d amid cautious market sentiment

—

by

Chinese billet prices held steady d-o-d at 2,980/t ($419/t). SHFE Jan’26 rebar dipped slightly by RMB 7/t ($1/t) to 3,090/t ($435/t).
Market sentiment softened as participants digested yesterday’s gains, with mills cautious amid weak winter demand and no strong policy support.
Environmental checks and increased mill maintenance are expected to curb supply, although demand looks to remain slow during the off season.

billet market update china billet prices China ferrous market update china steel market China steel supply Chinese rebar futures daily billet prices China environmental checks China steel iron and steel market China mill maintenance China SHFE rebar prices winter steel demand China

Comments

Leave a Reply Cancel reply