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DAILY: China's rebar prices inch up, spot sales improve

Source: Mysteel Apr 16, 2026 10:30
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China's rebar prices in both spot and futures markets posted mild gains on April 15, while spot trading volume of long steel products, including rebar, also climbed significantly after the prior day's decline.
In the domestic derivatives market, rebar futures rebounded slightly along with the strengthening of other ferrous commodities yesterday. The most-traded rebar October contract on the Shanghai Futures Exchange closed the daytime trading session at Yuan 3,103/tonne ($455/t) on Wednesday, up by 0.26% from Tuesday's settlement price.   Warmer sentiment in the

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