Tag: China: Billet and rebar prices fall by $1/t d-o-d amid weak market sentiment

Chinese billet prices fell by RMB 10/t ($1/t) d-o-d to RMB 2,940/t ($420/t) on 26 Dec’25; SHFE rebar decreased by RMB 9/t ($1/t) to RMB 3,078/t ($439/t). Billet prices declined due to weak supply-demand balance, limited speculative buying, subdued exports, and controlled mill output. SHFE rebar fell on muted housing policy impact, slow exports amid…