Tag: china steel market

China: Billet prices decline as pre-holiday restocking slows

Sep 24, 2026

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by

Ramavath Mounika

in Billet, Semi Finished

Falling social inventories limit downside Export offers edge down by $1/t d-o-d Chinese billet prices decreased by RMB 10/t ($2/t) d-o-d to RMB 3,000/t ($447/t) on 24 September, as buying appetite softened ahead of the week-long National Day holiday. However, falling social inventories and relatively better rebar performance compared with flat steel limited the downside.…