The "Golden March and Silver April" expectations fell short. Can steel prices rebound in May? The annual average spot rebar price in 2024 was 3,575 yuan/mt, while the average price from January to ...

SMM Rebar Production Schedule] The planned rebar production in May was 9.3153 million mt, an increase of 360,500 mt compared to the actual production in April, representing a growth rate of 4.03%; the ...

The temporary shutdown of Hyundai Steel's rebar plant will help ease an oversupply in the market where steelmakers suffer from declining product prices amid tougher competition, the spokesperson said.

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