Tag: China: Billet prices inch down by $3/t d-o-d

Chinese billet prices slipped by RMB 20/t ($3/t) d-o-d, while SHFE Jan’26 rebar remained steady at RMB 3,106/t ($437/t). Construction steel demand in China has trended downward through 2025, with traders expecting the weakness to extend into 2026. However, the recent news of fresh infrastructure investments has lent some optimism, with buyers watching closely to…