Tag: China: Billet steady as lukewarm demand caps SHFE rebar movement

China: Billet prices flat even as lukewarm demand caps SHFE rebar movement

Dec 17, 2025

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by

Adarsh Ramteke

in Billet

Chinese billet prices stayed flat at RMB 2,940/t ($417/t) on 17 Dec’25, while SHFE rebar edged up RMB 2/t ($0.2/t) to RMB 3,060/t ($434/t). Dec demand remains weak, with rebar trades around 100,000 t/day, as tight liquidity and uncertain exports cap mills’ pricing power. Firmer raw material sentiment is offering cost support, though spot buying…