| Product | Region | Incoterm Basis | Price | Time Period |
|---|---|---|---|---|
| Steel Rebar | China | FOB | USD 459.65/MT | April 2026 |
| Steel Rebar | India | CIF | USD 509.65/MT | April 2026 |
| Steel Rebar | USA | CIF | USD 546.65/MT | April 2026 |
| Steel Rebar | Germany | CIF | USD 585.65/MT | April 2026 |
| Steel Rebar | Australia | CIF | USD 497.65/MT | April 2026 |
| Steel Rebar | China | FOB | USD 459.93/MT | March 2026 |
| Steel Rebar | India | CIF | USD 514.93/MT | March 2026 |
| Steel Rebar | USA | CIF | USD 546.93/MT | March 2026 |
| Steel Rebar | Germany | CIF | USD 541.93/MT | March 2026 |
| Steel Rebar | Australia | CIF | USD 503.93/MT | March 2026 |
Stay updated with the latest steel rebar prices, historical data, and tailored regional analysis
Steel rebar prices in Q1’26 followed a weak-to-stable trend across Asia, with slight support emerging toward the end of the quarter due to improving seasonal demand and supply adjustments. Market pressure persisted as global overcapacity and export competition weighed on Asian steel markets, limiting upward movement. Upstream conditions remained soft, as mills operated under weak margins and cautious production strategies, reflected in China’s rebar output declining by 12.3% year-on-year to 42.32 million metric tons in Q1’26, indicating deliberate supply restraint amid weak demand conditions. Downstream construction demand stayed slow in January and February, with limited project execution and low transaction volumes, before improving slightly in March with seasonal restocking. Trade flows were affected by geopolitical tensions, as the Iran war and Strait of Hormuz disruption increased freight, fuel, and insurance costs and reduced steel shipments to the Gulf, which had been a key export destination for Asian steel producers. This weakened export sentiment while raising cost pressures, creating a mixed market environment.
Analyst Insight
According to Procurement Resource, the steel rebar market is expected to remain stable to slightly firm, with cost pressures offering support while demand recovery remains gradual.
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The Indian steel rebar market during the fourth quarter exhibited mixed price trends throughout the period. Early in the quarter, prices declined as rising import volumes, weak export competitiveness, and global oversupply conditions pressured domestic quotations. India remained a net steel importer throughout the period, with inbound shipments from Korea, Russia, and Indonesia increasing despite government measures aimed at controlling trade flows. Raw material costs including iron ore and coking coal remained relatively stable, though mill margins faced sustained pressure from the disconnect between input expenses and finished product realizations.
Demand conditions showed regional variation, with Maharashtra and eastern regions demonstrating consistent buying interest from construction activity, while northern markets faced intermittent disruptions from pollution-related restrictions. Supply dynamics shifted notably as the quarter progressed, with mills implementing controlled production levels that tightened trade inventories substantially. Distributor stock positions contracted significantly from typical levels, limiting spot market availability and providing price support. The final phase of the quarter witnessed strengthening as the government imposed a three-year safeguard duty on flat steel imports, reinforcing bullish sentiment. Both primary and secondary rebar segments experienced price increases as supply discipline combined with reduced inventory levels supported upward momentum.
Steel reinforcement bars, also known as rebars, are utilised to increase the tensile strength of the material as concrete is very weak in tension but powerful in compression. Steel is only used as rebar since its thermal expansion coefficient (elongation due to high temperatures) is roughly comparable to that of concrete.
Infrastructure, Housing
Reinforcement Bar
Nucor Corporation, ArcelorMittal S.A., Tillos Group, Commercial Metals Corporation, Rajhi Steel Industries Co. Ltd., Gerdau Long Steel
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
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Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
At the steel mill, scrap steel is gathered from various sources and placed in a sizable ladle, where it is melted at temperatures of up to 1,800° F. The steel will be poured into a casting while it is still hot. The molten steel is then put into the tundish to prevent splashing and make it feed into the caster. In reality, using this technique causes the molten steel to flow more smoothly. The steel is then given its shape by being poured into a succession of casters while still in the molten state. The resulting forms are referred to as billets and will be utilised later in the procedure to create the rebar.
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