Tag: steel price update China

China: Billet, rebar prices edge up; market sentiment remains cautious

Dec 29, 2025

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by

Ramavath Mounika

in Billet, Semi Finished

Chinese billet prices increased by RMB 10/t ($1/t) as compared to 26 Dec’25 to RMB 2,950/t ($421/t) on 29 Dec’25; SHFE rebar increased by RMB 18/t ($3/t) to RMB 3,096/t ($442/t). Prices edged up marginally, while stable mill capacity and weak demand capped gains. Soft fundamentals, flat billet and export indices, and weak raw materials…