{"id":55695,"date":"2026-01-31T11:19:45","date_gmt":"2026-01-31T05:19:45","guid":{"rendered":"https:\/\/biztrend24.com\/?p=55695"},"modified":"2026-01-31T11:19:45","modified_gmt":"2026-01-31T05:19:45","slug":"china-billet-prices-rebar-futures-dip-on-cautious-sentiment","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=55695&lang=en","title":{"rendered":"China: Billet prices, rebar futures dip on cautious sentiment"},"content":{"rendered":"<ul>\n<li>Chinese billet prices dropped RMB 10\/t ($1\/t) d-o-d to RMB 2,940\/t ($423\/t) on 30 Jan&#8217;26, while SHFE rebar futures declined by RMB 33\/t ($5\/t) to RMB 3,112\/t ($448\/t).<\/li>\n<li>Billet and rebar prices declined as rapid futures-led gains prompted buyer caution, slowing spot trade despite policy optimism and higher iron ore prices, with downstream demand remaining muted ahead of the Lunar New Year.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Chinese billet prices dropped RMB 10\/t ($1\/t) d-o-d to RMB 2,940\/t ($423\/t) on 30 Jan&#8217;26,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":55696,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[115],"tags":[],"class_list":["post-55695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-31T111927.482.jpg?fit=1280%2C720&ssl=1?v=1769836779",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-31T111927.482.jpg?resize=150%2C150&ssl=1?v=1769836779",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-31T111927.482.jpg?fit=300%2C169&ssl=1?v=1769836779",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-31T111927.482.jpg?fit=640%2C360&ssl=1?v=1769836779",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-31T111927.482.jpg?fit=640%2C360&ssl=1?v=1769836779",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-31T111927.482.jpg?fit=1280%2C720&ssl=1?v=1769836779",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-31T111927.482.jpg?fit=1280%2C720&ssl=1?v=1769836779",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-31T111927.482.jpg?resize=1115%2C715&ssl=1?v=1769836779",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-31T111927.482.jpg?resize=800%2C500&ssl=1?v=1769836779",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-31T111927.482.jpg?fit=1024%2C576&ssl=1?v=1769836779",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-31T111927.482.jpg?resize=540%2C340&ssl=1?v=1769836779",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-31T111927.482.jpg?resize=400%2C250&ssl=1?v=1769836779",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=115&#038;lang=en\" rel=\"category\">International<\/a>","tag_info":"International","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-31T111927.482.jpg?fit=1280%2C720&ssl=1?v=1769836779","jetpack-related-posts":[{"id":55140,"url":"https:\/\/biztrend24.com\/?p=55140&lang=en","url_meta":{"origin":55695,"position":0},"title":"China: Billet prices edge up, rebar futures slip on weak demand","author":"Biz Trend 24","date":"January 24, 2026","format":false,"excerpt":"Chinese billet prices rose RMB 10\/t ($1\/t) d-o-d to RMB 2,940\/t ($422\/t) on 23 Jan'26, while SHFE rebar futures declined RMB 11\/t ($2\/t) to RMB 3,092\/t ($444\/t). Improved sentiment and expectations of spring demand supported higher billet prices, while higher iron ore and coke costs strengthened mill confidence. Muted export\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113111.650.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113111.650.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113111.650.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113111.650.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113111.650.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":53966,"url":"https:\/\/biztrend24.com\/?p=53966&lang=en","url_meta":{"origin":55695,"position":1},"title":"China: Billet prices remain stable, cautious sentiment pulls rebar futures down","author":"Biz Trend 24","date":"January 14, 2026","format":false,"excerpt":"Chinese billet prices remained stable d-o-d at RMB 2,970\/t ($426\/t) on 13 Jan'26, while SHFE rebar futures declined by RMB 1\/t ($0.14\/t) to RMB 3,114\/t ($446\/t). Weak winter demand, slightly higher mill output, and rising inventories kept billet prices stagnant d-o-d. Cautious futures sentiment and softer iron ore prices led\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-14T121621.227-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-14T121621.227-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-14T121621.227-1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-14T121621.227-1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-14T121621.227-1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":56512,"url":"https:\/\/biztrend24.com\/?p=56512&lang=en","url_meta":{"origin":55695,"position":2},"title":"China: Billet prices slip, SHFE rebar falls on weak sentiment and softer costs","author":"Biz Trend 24","date":"February 8, 2026","format":false,"excerpt":"Chinese billet prices fell by RMB 20\/t ($3\/t) to RMB 2,910\/t ($419\/t) on 6 Feb 2026, while SHFE rebar futures declined by RMB 26\/t ($4\/t) to RMB 3,069\/t ($442\/t). Sentiment weakened amid pre-holiday caution, buyer resistance, and thin liquidity, exerting downward pressure on both billet and rebar futures. Decline in\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-08T180607.222.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-08T180607.222.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-08T180607.222.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-08T180607.222.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-08T180607.222.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":54145,"url":"https:\/\/biztrend24.com\/?p=54145&lang=en","url_meta":{"origin":55695,"position":3},"title":"China: Billet prices remain stable, cautious sentiment weighs on rebar futures","author":"Biz Trend 24","date":"January 15, 2026","format":false,"excerpt":"Chinese billet prices remained stable d-o-d at RMB 2,970\/t ($426\/t) on 14 Jan'26, while SHFE rebar futures declined by RMB 3\/t ($0.43\/t) to RMB 3,111\/t ($446\/t). Mills controlled supply amid weak trade, keeping billet prices stable despite cautious sentiment. Futures softened due to a lack of fresh demand catalysts and\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-15T115026.854.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-15T115026.854.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-15T115026.854.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-15T115026.854.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-15T115026.854.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":56027,"url":"https:\/\/biztrend24.com\/?p=56027&lang=en","url_meta":{"origin":55695,"position":4},"title":"China: Billet prices, rebar futures slip amid risk-off sentiment","author":"Biz Trend 24","date":"February 3, 2026","format":false,"excerpt":"Chinese billet prices slipped by RMB 20\/t ($3\/t) d-o-d to RMB 2,920\/t ($421\/t) on 2 Feb'26, while SHFE rebar futures fell by RMB 25\/t ($4\/t) to RMB 3,087\/t ($445\/t). Physical steel demand weakened amid a broad commodity sell-off, with risk-off sentiment cooling spot trading and shrinking supply-demand activity, pressuring billet\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121505.161.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121505.161.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121505.161.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121505.161.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121505.161.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":53206,"url":"https:\/\/biztrend24.com\/?p=53206&lang=en","url_meta":{"origin":55695,"position":5},"title":"China: Billet prices steady; SHFE rebar eases amid cautious futures sentiment","author":"Biz Trend 24","date":"January 7, 2026","format":false,"excerpt":"Chinese billet prices remained flat at RMB 2,930\/t ($420\/t) on 6 Jan 2026 compared with 5 Jan, while SHFE rebar declined by RMB 2\/t ($0.28\/t) to RMB 3,083\/t ($441\/t). Stable market sentiment and unchanged Baosteel February benchmark supported billet prices, limiting downside. Slight weakness in SHFE rebar reflected cautious futures\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T121314.337.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T121314.337.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T121314.337.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T121314.337.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T121314.337.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/55695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55695"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/55695\/revisions"}],"predecessor-version":[{"id":55697,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/55695\/revisions\/55697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/55696"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}