Tag: Asia steel prices

China: Billet, SHFE rebar prices fall on weak demand

Dec 8, 2025

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by

Ramavath Mounika

in Billet, Semi Finished

Chinese billet prices fell by RMB 50/t ($7/t, 2%) to RMB 2,950/t ($424/t) on 8 Dec’25 as compared to 5 Dec , while SHFE rebar slipped by RMB 24/t ($3/t, 1%) to RMB 3,083/t ($439/t). Weak demand outlook, unclear government policies for housing and stock markets, slow seasonal steel consumption weighed on prices. Declining coke…