Tag: daily steel prices

China: Billet prices stable d-o-d, rebar rises by $2/t

Dec 24, 2025

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by

Ramavath Mounika

in Billet, Semi Finished

Chinese billet prices were stable d-o-d at RMB 2,950/t ($421/t) on 24 Dec’25, while SHFE rebar increased by RMB 17/t ($2/t) to RMB 3,087/t ($440/t). Balanced supply-demand conditions kept billet prices stable. Weak export activity and a falling dollar discouraged mills from revising offers, with most awaiting clarity about new export licence to come into…