Tag: billet FOB China

Falling coke prices weigh on steel market sentiment Lack of fresh demand drivers pressures market Chinese billet prices fell by RMB 10/t ($1/t) d-o-d to RMB 2,980/t ($439/t), while SHFE rebar futures slipped by RMB 5/t ($1/t) to RMB 3,158/t ($465/t) on 23 June 2026, pressured by a broader decline across China’s commodity markets. Weaker…