Tag: Rebar prices china
-
China: Billet prices stay firm, rebar rises on cost pressure
Chinese billet prices stayed firm at RMB 3,000/t ($422/t) d-o-d, while SHFE Jan’26 rebar slipped RMB 27/t ($4/t) to RMB 3,106/t ($437/t). Domestic rebar prices gained support from higher raw material costs and improved demand. Market sentiment improved amid renewed policy optimism and stronger macro data, while sintering cuts in North China from 27 Oct…