China: Billet, rebar prices slip on soft winter demand, export uncertainty

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Chinese billet prices slipped by RMB 10/t ($1/t) d-o-d to RMB 2,950/t ($420/t) on 23 Dec’25, while SHFE rebar edged down by RMB 5/t ($1/t) to RMB 3,070/t ($437/t).
Soft winter demand, slow exports, and delayed clarity on export licensing kept buying muted, weighing on billet and rebar prices.
High raw material inventories and lower portside offers pressured costs, limiting price support.

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