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United KingdomIn Q1 2025, China’s rebar prices edged down from $529/MT in Q4 2024 to $526/MT FOB Shanghai, reflecting a slight 0.6% decline as weak domestic demand, high inventories, and cautious buyer sentiment continued to weigh on the market. Despite government efforts to stimulate construction, the recovery remained slow, and export prices stayed competitive but under pressure. In contrast, rebar prices increased in the UK, USA, and India over the same period, supported by robust construction activity, higher input costs, and ongoing supply constraints. The US market saw price gains driven by strong infrastructure demand and rising scrap prices, while the UK benefited from steady project pipelines and reduced import competition. India’s rebar market picked up, construction momentum. Overall, global rebar prices trended upward in most regions, but China remained an exception due to subdued demand and persistent oversupply.
Q4 2024 – Rebar prices went up in China and India in the last quarter. Both of these sectors are key steel demand drivers in China. In the UK, steel producers had been announcing price increase for long steel products amid high production costs. In the USA, however, domestic rebar prices were mixed as the domestic mills were facing strong competition from aggressive spot import offers. In India, rebar prices were more or less steady due to lack of any firm triggers in the market but with slight expectations of improvements going ahead.
In Q3 2024 – Rebar have seen fluctuations in all the major markets, due to a mix of seasonal factors, local supply-demand imbalance, and policy impact. Prices were down in China and the USA but were up in India and marginally in the European Union. Rising steel market inventories and sluggish domestic demand continued to weigh on Chinese steel prices. Growth of rebar inventories, however, has been relatively smaller, mainly due to already slumped production. But poor construction demand still pushed prices down faster than flat steel prices. US domestic rebar prices started to fall as domestic mills were getting ahead of falling June scrap prices.
In Q2 2024, the steel rebar market exhibited a falling environment, driven by several key factors balancing supply and demand dynamics. The quarter showed rise in India attributed to a combination of moderate supply chain disruptions, variations in raw material costs, and the influence of seasonal demand patterns across the construction and infrastructure sectors.
China, representing the most significant price fluctuations of 14% drop within the region, saw steel rebar prices in China were characterized by moderate production levels, cautious inventory management.
In Q1 2024, Rebar prices experienced a decline in key markets of India. In China, domestic steel prices have been on a downward trajectory since the beginning of 2024, largely due to a continued decline in demand from the property sector and a slowdown in infrastructure construction. These two sectors, which together account for about 60% of steel consumption in China, have faced ongoing challenges, leading to a reduction in overall steel demand and steady price levels. In the UK prices picked up by 7% in Q1 2024. US domestic rebar prices were more or less steady as market participants have started to see a bottom forming in prices as they expected demand to pick up over the next couple of months.
Q1 2025
In Q1 2025, rebar prices averaged $634/MT EX-Mumbai, up 1.8% continuing the upward trajectory as the construction sector remained buoyant. The government’s record allocation for infrastructure in Budget 2025, combined with increased investments in roads, ports, and metro rail, provided a strong foundation for sustained demand. The residential and commercial real estate sectors also contributed, with affordable housing and urbanization trends driving new projects. Mills maintained firm offers amid healthy demand and rising input costs, while buyers remained confident about future activity. The overall sentiment was robust, with both public and private sector investments fueling optimism for continued growth in the rebar market.
Q4 2024
Rebar prices climbed to $623/MT in Q4 2024, up 2.5% reflecting renewed momentum as construction projects resumed after the monsoon. The government’s push for large-scale infrastructure such as highways, metro rail, and logistics parks drove robust demand, and the real estate sector benefited from improved liquidity and new project launches. Mills were able to maintain firmer offers and pass on higher input costs to buyers. Export demand also improved slightly, supported by competitive Indian pricing in global markets. The overall market environment was positive, with strong order books and expectations of further growth heading into the new year.
Q3 2024
In Q3 2024, prices saw a slight dip to $607/MT, down 0.59% as the onset of the monsoon season brought temporary slowdowns in construction, particularly for outdoor infrastructure projects. Despite this, the decline was limited by pent-up demand from previously delayed projects and relatively stable raw material costs. The real estate sector continued to see activity in urban centers, and infrastructure projects with all-weather execution timelines helped cushion the seasonal impact. Mills managed inventories carefully, and market sentiment remained cautiously optimistic, with expectations for a strong post-monsoon rebound.
Q2 2024
Rebar prices rebounded to $611/MT in Q2 2024, up 4.9% Q-o-Q driven by a seasonal uptick in construction and infrastructure activity as the weather improved. The government’s continued focus on infrastructure especially roads, highways, and metro projects stimulated demand for steel rebar, with public investment playing a central role. Private sector housing and commercial projects also resumed, further boosting consumption. Mills were able to implement price hikes amid improved offtake and tighter supply. Export demand remained steady, and market optimism grew as government funding for infrastructure was increased in the Union Budget, supporting a more bullish outlook.
Q1 2024
In Q1 2024, rebar prices in India averaged $582/MT, down 6.5% reflecting a subdued market environment following the year-end and festive season. Construction activity was relatively slow, with many projects in a planning or mobilization phase rather than active execution. High inventory levels among stockists and cautious procurement by builders kept demand muted. The real estate sector, a major consumer of rebar, faced delays in project launches, while infrastructure activity was yet to pick up pace. Mills responded to these conditions by offering discounts and flexible payment terms, but overall sentiment remained cautious as buyers awaited clearer signals of demand recovery.
PriceWatch is your trusted resource for tracking global steel rebar price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the steel rebar market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.
In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence steel rebar prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely steel rebar market data.
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These events underscore the Rebar market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.
This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable REBAR pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
A Rebar (reinforcing bar) is a type of steel product commonly used in construction to reinforce concrete structures. It is produced by heating steel billets above their recrystallization temperature and then rolling them into long, cylindrical bars with a patterned surface. This process enhances the steel's strength, flexibility, and bond with concrete, making it ideal for use in reinforced concrete for buildings, bridges, roads, and other infrastructure projects. The result is a durable, high-strength material that plays a critical role in maintaining the structural integrity of concrete constructions.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
| Property | Specification |
| Carbon (C) | 0.23 – 0.28% |
| Manganese (Mn) | 0.60 – 1.35% |
| Yield Strength (MPa) | 250 – 600 (depending on grade) |
| Tensile Strength (MPa) | 400 – 800 (depends on grade) |
| Elongation (%) | ≥ 12 (for Grade 60, varies by grade and diameter) |
| Density (g/cm³) | 7.85 |
| Modulus of Elasticity (GPa) | 200 |
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