Tag: China: Billet eases

China: Billet eases, SHFE rebar slips on pre-holiday weakness

Feb 10, 2026

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by

Ramavath Mounika

in Billet, Semi Finished

Chinese billet prices slipped by RMB 10/t ($1/t) to RMB 2,900/t ($420/t) on 10 February 2026, while SHFE rebar futures declined by RMB 26/t ($4/t) to RMB 3,034/t ($439/t). Pre-holiday slowdown curbed spot activity, with mills cutting operations, traders reducing positions, and limited physical sales, pressuring billet prices and futures. Completed raw material stocking, reduced…