Tag: Chinese billet FOB

China: Steel billet, rebar prices rise on improved sentiment, higher raw material costs

Jul 6, 2026

—

by

Ramavath Mounika

in Billet, Semi Finished

Export offers soften despite modest domestic price recovery Rising inventories cap further steel price gains Chinese billet prices increased by RMB 20/t ($3/t) d-o-d to RMB 2,960/t ($436/t) on 16 July, supported by improved market sentiment, firm raw material costs, and positive global cues. Chinese billet export offers eased to around $457/t FOB, although most…