Tag: China: Billet prices hold steady amid balanced demand

China: Billet prices edge up on firm sentiment, improving demand

Apr 17, 2026

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by

Ramavath Mounika

in Billet, Semi Finished

Stable iron ore costs support overall prices Billet export prices remain firm at $465/t FOB Chinese billet prices rose by RMB 10/t ($1/t) to RMB 2,990/t ($437/t) on 17 April, while SHFE rebar futures rose by RMB 8/t ($1/t) to RMB 3,103/t ($455/t). The uptick was supported by firm market sentiment and a gradual recovery…