- Chinese billet prices remained stable d-o-d at RMB 2,970/t ($426/t) on 14 Jan’26, while SHFE rebar futures declined by RMB 3/t ($0.43/t) to RMB 3,111/t ($446/t).
- Mills controlled supply amid weak trade, keeping billet prices stable despite cautious sentiment.
- Futures softened due to a lack of fresh demand catalysts and cautious activity before the Chinese New Year, though exports and raw materials remained stable.
China: Billet prices remain stable, cautious sentiment weighs on rebar futures
BigMint steel news billet price stability cautious market sentiment cautious sentiment weighs on rebar futures China rebar futures China steel exports China steel futures china steel market China: Billet prices remain stable China: Billet prices remain stable on cautious sentiment weighs on rebar futures Chinese billet prices Chinese steel mills Coke market china Iron ore prices China pre-CNY steel market raw material prices China SHFE rebar futures
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