- Chinese billet held prices were unchanged at RMB 2,940/t ($417/t) on 16 Dec’25, while SHFE rebar rose RMB 9/t ($1/t) to RMB 3,058/t ($434/t).
- Weak spot demand, steady mill allocations, and seasonal winter softness kept billet prices unchanged even as futures edged higher.
- Meanwhile, uncertainty around new export rules and raw material pressure capped gains, limiting rebar’s rise to a mild futures-led uptick.
China: Billet stable, SHFE rebar edges up on futures support
Billet prices China China steel futures china steel market china steel outlook China: Billet stable and SHFE rebar edges up on futures support China: Billet steady; SHFE rebar edges up on futures support amid export uncertainty Chinese billet prices export uncertainty China steel mill allocations China raw material pressure steel SHFE rebar winter steel demand China
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