Tag: pre Lunar New Year liquidity

China: Billet prices stable, rebar futures edge higher

Jan 21, 2026

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by

Ramavath Mounika

in Billet, Semi Finished

Chinese billet prices remained stable d-o-d at RMB 2,930/t ($421/t) on 21 Jan’26, while SHFE rebar futures rose by RMB 6/t ($1/t) to RMB 3,096/t ($445/t). Mills and traders kept prices competitive to protect margins, with steady pre-Lunar New Year liquidity supporting billet prices. Range-bound exports and weak buying limited price moves, while controlled supply…