MYSTEEL: Mild overall rise predicted for China's rebar prices '26

China's rebar prices are expected to see moderate gains this year, mainly driven by lower production volumes and higher input costs, according to Mysteel's latest annual report on long steel items.

The national price of HRB400E 18mm dia rebar will rise by 1.2-1.5% on year and fluctuate within the range of Yuan 3,000-3,500/tonne ($431-503/t) in 2026, Mysteel predicts. The report points out that opportunities for rebar prices lie in cost-side support and more stringent national policies relating to curbing carbon emissions.