MYSTEEL: Mild recovery seen in China's construction steel prices in H2

China's construction steel prices are expected to witness small gains during the second half of 2026, buoyed mainly by firm cost support and reduced supply, according to Mysteel's latest report on the sector. Mysteel's composite index of domestic rebar prices may range between Yuan 3,200-3,500/t ($472-516/t) and average around Yuan 3,380/t for the whole year. If realized, this would represent a 1.6% on-year increase, the report noted.