Tag: China: Billet prices edge up amid stable market conditions

China: Billet prices inch up as firm raw material costs offset rising inventories

Mar 11, 2026

—

by

Devanshu Agrawal

in Billet

Mild improvement in domestic consumption supports prices Rebar export market remains weak due to high freight costs Chinese billet prices increased by RMB 10/t ($1/t) d-o-d to RMB 2,950/t ($430/t) on 11 March, supported by a slight improvement in domestic consumption despite rising social inventories. Raw materials remained firm, with iron ore and coke prices…