Tag: Chinese billet market sentiment

China: Billet, rebar futures decline on soft demand sentiment

May 15, 2026

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by

Ramavath Mounika

in Billet, Semi Finished

Buyers await more workable export price levels Falling coke inventories add pressure on sentiment Chinese billet prices declined by RMB 10/t ($1/t) d-o-d to RMB 3,090/t ($454/t) on 15 May, while rebar futures also decreased by RMB 10/t ($1/t) to RMB 3,171/t ($466/t). Market sentiment weakened amid softer commodity markets across Asia, sluggish steel demand,…