Tag: weak steel demand

China: Billet, rebar prices fall by $1/t d-o-d amid weak market sentiment

Dec 26, 2025

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by

Ramavath Mounika

in Billet

Chinese billet prices fell by RMB 10/t ($1/t) d-o-d to RMB 2,940/t ($420/t) on 26 Dec’25; SHFE rebar decreased by RMB 9/t ($1/t) to RMB 3,078/t ($439/t). Billet prices declined due to weak supply-demand balance, limited speculative buying, subdued exports, and controlled mill output. SHFE rebar fell on muted housing policy impact, slow exports amid…