MONTHLY: China's construction steel prices to lose ground in June

Source: Mysteel Jun 03, 2026 18:40

Construction steel prices in China will likely come under downward pressure this month, mainly driven by sluggish end-user demand over the upcoming summer off-season, according to Mysteel's latest monthly report on the sector.

Many areas of China witnessed torrential rainfalls and high temperatures in the second half of May, and with weather conditions expected to become more variable this month, they will have a greater impact on work onoutdoor construction projects, the report notes. This will likely cause replenishment of long steel items by end-users to slow. By volume, the average tonnage of long steel products such as rebar traded among the 237 trading houses under