Tag: d-o-d price movement

Chinese billet prices rose 0.3% (RMB 10/t) or $1/t d-o-d to RMB 3,000/t ($425/t) on 3 Dec, while SHFE rebar prices fell by 0.6% (RMB 20/t) or $3/t to RMB 3,113/t ($441/t). Limited supply from new shipments and fresh material arrivals supported prices, helping maintain firmness despite sluggish demand. Inventory drawdowns, particularly in debar stocks,…