Tag: mill allocations China

China: Billet stable, SHFE rebar edges up on futures support

Dec 16, 2025

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by

Ramavath Mounika

in Billet, Semi Finished

Chinese billet held prices were unchanged at RMB 2,940/t ($417/t) on 16 Dec’25, while SHFE rebar rose RMB 9/t ($1/t) to RMB 3,058/t ($434/t). Weak spot demand, steady mill allocations, and seasonal winter softness kept billet prices unchanged even as futures edged higher. Meanwhile, uncertainty around new export rules and raw material pressure capped gains,…