Rebar prices in the Chinese market on September 4

Comments today (Date：04/09/2023)

China Spot Market Dynamics: Today, the average price of 20mm level three earthquake-resistant rebar was $523.66/ton in 31 major cities, up $3.85/ton from the previous trading day; the Shanghai Rebar USD Pricing Index closed at $511.04/ton, up 0.68%. Specifically, rebar futures fluctuated upward in early trading on the last trading day, trading sentiment in the spot market improved, and trading volume and price rebounded. From the perspective of transactions, the seasonal rebound in demand may drive consumption growth, but the market was slightly cautious on weekends, and transactions mainly rose lightly. It is comprehensively expected that the price of the national building materials market may rise slightly today, and it is necessary to pay attention to changes in market trading volume.

1. The weight of rebar and round steel(>8mm) in the above price list is theoretically calculated, and the weight of rebar coil(8mm) is weighed.
2. The sizes in the list are the sizes of commonly used steel bars, usually there are abundant steel bar products with a diameter of 6mm-40mm in the Chinese market.
3. The above prices are ex-factory prices including tax, and there will be a small delivery fee when the customer picks up the goods. Does not include freight.
4. Unless otherwise specified, the price of rebar in the above table is for 9-meter-length products.
5. Domestic and international materials (grades) are the most similar specifications selected based on public data, which does not mean that the corresponding materials (grades) are completely consistent.
6. If you need to inquire about Chinese products produced according to international production standards, you can submit an RFQ, and the customer service will provide manual feedback.

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