Tag: China PMI steel sector

China: Billet, rebar prices rise on higher costs, supply concerns

Jun 1, 2026

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by

Ramavath Mounika

in Billet, Semi Finished

Coke prices surge, support steel production costs Chinese billet export offers heard at $472/t Chinese billet prices increased by RMB 20/t ($3/t) to RMB 3,030/t ($448/t), while SHFE rebar futures rose by RMB 47/t ($7/t) to RMB 3,195/t ($472/t), supported by higher coke prices, firm iron ore values, and supply-side concerns following stricter safety inspections.…