Tag: Chinese market update

China: Billet prices, SHFE rebar futures edge lower d-o-d

Jan 9, 2026

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by

Ramavath Mounika

in Billet, Semi Finished

Chinese billet prices fell by $10/t ($1/t) d-o-d to RMB 2,970/t ($425/t) on 9 Jan’26, while SHFE rebar futures dropped by RMB 23/t ($3/t) to RMB 3,108/t ($445/t). Weak domestic demand and rising inventories capped billet prices, while export disruptions, logistics issues, and coke-related cost concerns dampened market sentiment, pushing SHFE rebar futures lower despite…