Tag: billet price trend China

Stable exports provide limited market direction Positive coke demand supports raw material prices Chinese billet prices remained stable at RMB 2,970/t ($435/t) on 13 April ’26, while SHFE rebar futures also held steady at RMB 3,074/t ($450/t). Stability was driven by firm cost support from steady raw material demand, positive coke consumption, and rising steel…