Group 1 - The black metal sector in the domestic futures market is mostly in the red, with rebar futures showing a downward trend and a decline of 2.27% [1] - Rebar futures opened at 3150.0 yuan/ton, with a high of 3161.00 yuan and a low of 3101.00 yuan during the day [1] - Supply pressure is increasing due to a rebound in rebar production to a yearly high, while downstream demand has not shown significant improvement [1] Group 2 - Current market conditions for rebar are weak, with no restrictions on steel production mentioned in the 2025-2026 growth policy, leading to sustained high supply levels [2] - Although there is a slight recovery in construction material demand, overall total demand is expected to show a clear pattern of high early in the year and low later on [2] - Steel mills are experiencing an increase in inventory, and despite the traditional peak season approaching, rebar demand remains weak, leading to continued pressure on prices [2]
库存延续季节性攀升 预计螺纹钢延续震荡寻底态势
Jin Tou Wang·2025-09-01 06:03