Tag: China: Billet and rebar prices ease as firm raw-material costs limit downside

Sep’26 demand improves only gradually Billet export offers hold at $466/t FOB Chinese billet prices fell by RMB 10/t ($2/t) d-o-d to RMB 3,030/t ($451/t) on 7 September, while SHFE rebar futures declined by RMB 13/t ($2/t) to RMB 3,093/t ($461/t). Meanwhile, billet export offers remained unchanged at $466/t FOB. The domestic decline reflected softer…