China: Billet edges lower d-o-d amid muted participation
- Chinese billet prices decreased by RMB 10/t ($1/t) compared to 30 Dec’25 to RMB 2,930/t ($419/t) on 31 Dec’25; SHFE rebar decreased by RMB 2/t ($0.2/t) to RMB 3,103/t ($443/t).
- Market liquidity remained healthy, while stable raw material costs and neutral export sentiment kept billet prices low and supported a modest drop in rebar futures.
