Tag: billet price increase

China: Billet prices edge up on firm sentiment, improving demand

Apr 20, 2026

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by

Ramavath Mounika

in Billet, Semi Finished

Chinese billet prices rose by RMB 10/t ($1/t) to RMB 3,000/t ($440/t) on 20 April, while SHFE rebar futures increased by RMB 31/t ($5/t) to RMB 3,134/t ($460/t), supported by improved market sentiment and firmer raw material costs. Current billet export prices were heard at around $465-470/t FOB China. A gradual recovery in domestic demand…