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DAILY: China's spot rebar prices rise on sentiment lift

Source: Mysteel Aug 07, 2026 10:55
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China's rebar market gained some momentum on August 6, driven by an upswing in ferrous futures, as both spot prices and trading activity saw moderate recovery on the same day.
The national price of HRB400E 20mm dia rebar was assessed by Mysteel at Yuan 3,221/tonne ($477/t) on Thursday, up by Yuan 7/t on day. One steelmaker in North China's Inner Mongolia raised its ex-works prices for rebar by Yuan 20/t to Yuan 2,990/t, Mysteel learned.   As for the semi-finished steel market, the price

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