Steel Rebar (SHFE) Prices

08-12-2025 - Over the past month, the price of Steel Rebar on the Shanghai Futures Exchange (SHFE) has risen from 2,914.0 CNY/t to 3,020.0 CNY/t, indicating either increased demand or supply constraints in the raw materials market. The forecast predicts a further increase to 3,073.0 CNY/t, a 1.8% rise from the current price, suggesting a relatively stable trend with minimal risk due to the modest price change.

The current forecast highlights upward price pressure on raw materials, influenced by data on Seaborne Imports & Exports. However, global economic demand data points to a downward trend, resulting in a mixed outlook with a net price impact of 36.0 CNY/t. Recent developments in the SHFE Steel Rebar market suggest a potential upward trend, consistent with the forecasted price increase to 3,073.0 CNY/t in the coming month.

As of early December 2025, steel rebar futures in China have surpassed 3,100 CNY/t, marking their highest level in three months. This rise is attributed to reduced supply and expected government support measures to address the ongoing property market crisis. These factors create a favorable environment for rising rebar prices, aligning with the forecasted upward movement.