Tag: china steel outlook

Chinese billet prices remained flat at RMB 2,930/t ($419/t) on 5 Jan 2026 compared with 2 Jan, while SHFE rebar declined by RMB 18/t to RMB 3,085/t ($443/t). Winter demand-supply remains balanced, keeping prices rangebound. Export sentiment is cautious amid new licence rules, with offers largely stable. Iron ore indices held steady, while coke prices…