[Rebar Price Index February Report]: Both supply and demand have rebounded, and the inventory has gradually peaked and fallen.

2023-03-02 17:27:22

In February, downstream construction activities gradually resumed, and the supply and demand of the rebar market improved. However, as the recovery of demand is not as high as expected, the market price is fatigue, showing a volatile trend as a whole. By the end of February, the national rebar price index had closed at 167.45 points, down 0.73% annually, and 11.65% compared with the same period last year.

By the end of February, the national rebar price index closed at 167.45 points, down 0.73% from the previous month, down 11.65% from the same period last year.

  Figure 1: Price Index Trend of Domestic Rebar and Concrete (Point)

Data Source: Cement Big Data (https://data.ccement.com/)

All can be viewed after purchase
Correlation

In June, the stock of rebar continued to decline, the market began to trade policy expectations, and the spot price of rebar bottomed out. By the end of June, the national rebar price index closed at 149.46 points, up 5.03% annually, and fell 12.72% compared with the same period last year.

2023-07-04 15:47:50

In May, the steel market was still in the negative feedback stage, the negative factors in the market hit the trading sentiment, the overall volume declined, and the spot and futures prices further declined. By the end of May, the national rebar price index closed at 142.30 points, down 5.87% from the previous month.

2023-06-06 15:10:16

In April, the recovery of downstream demand fell short of expectations, the steel market entered a negative feedback stage, the supply and demand of rebar declined, and the spot and futures prices followed the downward resonance of raw materials. By the end of April, the national rebar price index closed at 151.17 points, down 9.78% from the previous month.

2023-05-06 18:02:25

In March, the rebar market was in a state of double increase in supply and demand, the inventory level continued to decline, and the price gradually rose in the first ten days of the year. However, due to external factors, the market risk aversion increased in the middle and late ten days, and the price of rebar was pulled back. By the end of March, the average spot price of domestic threaded steel was 4313.86 yuan/ton, up 0.06% annually.

2023-04-04 15:33:45

In February, downstream construction activities gradually resumed, and the supply and demand of the rebar market improved. However, as the recovery of demand is not as high as expected, the market price is fatigue, showing a volatile trend as a whole. By the end of February, the national rebar price index had closed at 167.45 points, down 0.73% annually, and 11.65% compared with the same period last year.

2023-03-02 17:27:22

According to the introduction, Sichuan Qingshan Cement Building Materials Co., Ltd. was established on June 11, 2010 and renamed as Sichuan Qingshan New Materials Co., Ltd. on April 10, 2015. The nature (type) of the company is a limited liability company, with its domicile in the railway station gathering industrial park of Pengxi County, Suining City, Sichuan Province, with a total area of 58666. There are two cement production lines (pulverizers) with an annual output of 600,000 tons, both of which can be used normally.