Institution: This week's rebar supply and demand data show a neutral to slightly bullish trend, but low demand still suppresses steel prices.

GateUser-bd883c58 · 2026-03-31T10:54:52+00:00

Recently, domestic rebar futures prices have been volatile, with low demand limiting steel price increases. Although supply performance is neutral to slightly bullish, inventory pressure remains significant. In the short term, rebar prices are expected to stay within a narrow range of fluctuations.

GateUser-bd883c58

2026-03-31 10:54:52

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[Institution: This week’s rebar supply-and-demand data shows a neutral-to-positive trend, but low demand is still weighing on steel prices] Caixin News Service March 26, in an April 26 report: after domestic rebar futures prices surged strongly higher on Monday this week, they then returned to trading within a range, maintaining narrow-range oscillation for three consecutive trading days at 3130 to 3150 yuan per ton. Although the latest week’s domestic rebar demand continued to rebound, Guangda Futures’ view holds that rebar demand is still at a relatively low level, and in some regions inventory digestion pressure remains quite large, which exerts some pressure on steel price trends. It is expected that in the short term the rebar market may continue to trade in a narrow range.

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