Tag: steel futures rally

China: Billet, rebar prices increase amid raw material cost support

May 25, 2026

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by

Ramavath Mounika

in Billet, Semi Finished

Coking coal futures surge post major mine accident Steel demand remains cautious despite higher prices Chinese billet prices increased by RMB 20/t ($3/t) d-o-d to RMB 3,060/t ($451/t) on 25 May, while rebar futures increased by RMB 13/t ($2/t) to RMB 3,158/t ($465/t), mainly supported by a sharp rise in coking coal futures following a…