Today’s rebar price is down by $1–2; overseas buyers are pressuring prices, and deals are thin.

Today’s rebar price fell slightly by $1–2 per ton. According to feedback from market participants, overseas customers’ sentiment has been relatively bearish in recent days, with stronger willingness to bid down; only a small number of participants who are willing to accept lower prices have made a few trades, and overall shipment performance has been average. (SMM)
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