Market Overview - As of January 21, the price of rebar is 3240 CNY/ton, with a decrease in outflow to 36,000 tons, down by 8,000 tons compared to the same period last week [1] - In Hangzhou, rebar inventory increased to 470,000 tons, up by 10,000 tons from the previous week [1] - Changjiang Steel adjusted the ex-factory prices for construction materials in Hefei, maintaining rebar prices at 3300 CNY/ton, while increasing the price of wire rod and rebar by 20 CNY to 3560 CNY/ton [1] Industry Insights - According to Copper Crown Jinyuan Futures, seasonal demand has weakened market transactions, with a slight decrease in rebar production and a temporary rebound in apparent demand, but overall demand remains weak [2] - New Century Futures reported a slight increase in supply due to delayed resumption of production at some steel mills, with apparent demand for five major steel products rising by 29,300 tons to 826,120 tons [3] - Inventory for five major steel products decreased by 69,100 tons to 12,470,100 tons, indicating weak purchasing willingness among traders, which may lead to continued low inventory operations [3] - The current steel market is in a demand off-season with a weak fundamental outlook, leading to continued price fluctuations [2][3]
钢材市场处于需求淡季 螺纹钢期货保持震荡走势
Jin Tou Wang·2026-01-21 07:06