Tag: China: Billet prices slip $1/t d-o-d amid softer export market sentiment

China’s billet prices slipped RMB 10/t ($1/t) d-o-d to RMB 2,920/t ($410/t); SHFE Jan’26 rebar fell RMB 27/t ($4/t) to RMB 3,034/t ($426/t). Prices declined for the 4th straight day amid weak demand, especially in the export landscape, and high inventories. Export-oriented mills in north China and suppliers to Vietnam held base prices; domestic mills…