Steel Rebar (SHFE) Prices

14-04-2026 - Over the past month, the price of Steel Rebar on the Shanghai Futures Exchange (SHFE) has decreased from 3,155.0 CNY/t to 3,057.0 CNY/t. This decline suggests a downward trend in the raw material market, potentially due to changes in supply-demand dynamics or broader economic influences. The forecast for Steel Rebar on the SHFE is 3,080.0 CNY/t, representing a slight increase of 0.8% from the current price of 3,057.0 CNY/t. This indicates a generally stable trend with minimal risk, as the price change is only 23.0 CNY/t.

The current forecast highlights a notable downward price impact of -41.0 CNY/t due to supply factors, particularly inventories. However, demand, flows, and technical data suggest upward pressure, resulting in mixed signals for raw material prices. Recent analyses suggest a potential upward trend in SHFE steel rebar prices over the next month, consistent with the forecast of 3,080.0 CNY/t. A report from Trading Economics, dated April 10, 2026, notes that steel rebar futures have been trading around 3,080 CNY/t, close to five-week lows. The report also projects that steel will trade at 3,109.65 CNY/t by the end of this quarter, according to Trading Economics' global macro models and analysts' expectations. This projection supports the anticipated price increase.