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MONTHLY: China's construction steel prices seen recovering in July

Source: Mysteel Jul 08, 2026 18:40
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Construction Steel Demand Industry Production
Construction steel prices in China are expected to rebound mildly overall this month, mainly buoyed by firm cost support and recovering market fundamentals, according to Mysteel's latest monthly report on the sector.
During June, seasonal rainfalls in South and East China had significantly slowed the replenishment of long steel items by end-users, with the combined tonnage of rebar, wire rod and bar-in-coil traded among the 237 Chinese trading houses averaging 91,555 tonnes/day last month, contracting by 6.4% or by 6,282 t/d

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