DAILY: China's steel prices mostly rebound, spot trading improves

Source: Mysteel Mar 24, 2026 10:40

China's domestic steel products mostly gained ground on March 23, with rebar prices rebounding after two consecutive workdays of decline, while spot trading for construction steel across the country also improved, Mysteel Global learned.

The national price of HRB400E 20mm dia rebar assessed by Mysteel stood at Yuan 3,346/tonne ($486/t) including the 13% VAT on Monday, higher by Yuan 17/t from the prior day. Two steel mills in South China raised their list prices for rebar and wire rod by Yuan 30/t to Yuan