Tag: China: Billet prices hold steady while futures dip amid weak demand outlook

China: Billet prices hold stable while rebar futures dip on weak demand outlook

Mar 26, 2026

—

by

Ramavath Mounika

in Billet, Semi Finished

Improved logistics supporting smoother trade flows Weak downstream demand limiting price upside Chinese billet prices held steady d-o-d at RMB 2,980/t ($431/t) on 26 March, while SHFE rebar futures edged down by RMB 4/t ($1/t) to RMB 3,128/t ($452/t). Chinese billet prices remained stable as the domestic steel market stayed broadly balanced, with falling social…