Tag: China: Billet prices stable as mixed demand signals persist

Falling coke prices weigh on market sentiment Rebar futures edge lower amid cautious outlook Chinese billet prices held stable d-o-d at RMB 2,980/t ($432/t) on 31 March, supported by improved demand signals, with rebar trade crossing 100,000 t and the official PMI rising to a one-year high of 50-51. However, falling coke prices and ongoing…