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DAILY: China's rebar market gains steam amid better sentiment

Source: Mysteel Dec 30, 2025 10:50
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China's rebar market gained upward momentum on December 29, with prices in both spot and futures markets posting moderate rallies amid a buoyant market mood.
In the spot market, the national price of HRB400E 20mm dia rebar came in at Yuan 3,325/tonne ($475/t) including the 13% VAT on Monday, higher by Yuan 9/t from last Friday, according to Mysteel's assessment.   The price of the most-traded rebar futures contract for next May delivery on the Shanghai Futures Exchange

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