Tag: rising inventories

China: Billet, rebar prices decline amid weak demand, rising inventories

Jun 4, 2026

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by

Ramavath Mounika

in Billet, Semi Finished

Weak export market pressures billet offers Iron ore weakness adds downward price pressure Chinese billet prices declined by RMB 10/t ($3/t) d-o-d to RMB 3,020/t ($448/t) on 4 June, while SHFE rebar futures fell by RMB 18/t ($7/t) to RMB 3,177/t ($472/t), amid seasonally weak demand, rising inventories, subdued trading activity, and continued pressure from…