Tag: China: Billet prices slip d-o-d amid export disruptions; firm raw materials cap downside

Export orders to Middle East suspended Rebar futures fall as market remains quiet Chinese billet prices were unchanged d-o-d RMB 2,910/t ($422/t) on 2 March 2026, as compared to 27 February, amid rising global uncertainty following the US-Iran conflict. While broader commodity futures strengthened, steel prices reacted more slowly as post-Lunar New Year domestic demand…