China’s rebar market has recently faced supply-demand imbalances, with steel prices under pressure. US tariffs affect market sentiment, causing rebar futures to drop by 3.62%, impacting spot prices. Though China’s direct exports to the US are not many, re-export trade may be affected.

In China’s domestic market, the expected policy to restrict steel supply and stricter carbon controls may support prices, but demand recovery delays while supply rebounds, especially from electric arc furnace mills.

The current rebar inventories are at a five-year low, supporting steel prices, but demand needs time to recover. The future steel prices will be based on demand conditions and policy execution in China.