Tag: steel price trends China

China: Billet prices rise on improved sentiment; rebar futures edge up

Apr 29, 2026

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by

Ramavath Mounika

in Billet, Semi Finished

Billet export offers rise, mills’ base prices increase Firm raw material costs, tight port supply lend support Chinese billet prices rose by RMB 10/t ($1/t) to RMB 3,030/t ($443/t) on 29 April, while SHFE rebar futures edged up by RMB 3/t (less than $1/t) to RMB 3,152/t ($461/t). The increase in billet prices was supported…