Tag: Iron ore China

China: Billet slips, rebar edges up d-o-d towards year-end as market sentiment stays cautious

Dec 30, 2025

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by

Ramavath Mounika

in Billet

Chinese billet prices decreased by RMB 10/t ($1/t) compared to 29 Dec’25 to RMB 2,940/t ($421/t) on 30 Dec’25; SHFE rebar increased by RMB 9/t ($3/t) to RMB 3,105/t ($442/t). Prices were mixed as weak trade volumes and heavy mill order pressure capped gains, while stable raw material costs and neutral export sentiment kept billet…