Rebar and Coiled Rebar Operating Rates Hold Steady, Capacity Utilization Edges Down

Published: Jun 9, 2026 11:35

Save

During the survey period (June 2–June 8), operating rates of rebar and coiled rebar rolling lines in Central China held steady, while capacity utilization edged down.

During the survey period (June 2–June 8), the operating rate of rebar rolling lines in Central China remained steady, while capacity utilization edged down.

Specifically, some steel mills in the region controlled production to hold prices firm, leading to a slight decline in rebar supply. On the inventory side, during the survey period, futures fluctuated, dampening market trading interest. Combined with the approaching college entrance examination (gaokao), some areas enforced noise controls at construction sites, weakening rigid demand purchases. Under these combined effects, steel mill inventories accumulated rapidly this week.

For the next survey period, steel mills in Central China are expected to largely maintain their current production pace, keeping rebar production steady.

During the survey period (June 2–June 8), operating rates of wire rod rolling lines in Central China held steady, while capacity utilization edged down.

Specifically, some mills chose to lower capacity utilization of rolling lines to hold prices firm, resulting in a slight dip in wire rod production for this period. On the inventory side, as the survey period covered the gaokao, some regions activated the highest-level city-wide noise pollution prevention response, slowing construction progress at sites and reducing purchase willingness, causing mill inventories to continue accumulating.

No production adjustment plans are in place among steel mills in Central China for the next period, and wire rod supply is expected to remain steady.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

[SMM Analysis] Steel billet sees notable YoY increase, while UAE’s decline hits a new low

1 hour ago

3 hours ago

East China Steel Mill Ferromolybdenum Tender Priced at 313,500, Continued Attention

[Molybdenum News] SMM June 9 news: On June 8, a steel mill in east China set a ferro-molybdenum tender price of 313,500 yuan/mt by acceptance for 66 mt. Today, SMM will continue to monitor the bid opening prices of steel mills in Jiangsu, Shandong and other places.

3 hours ago

17 hours ago

6.8 SMM Global Steel Daily Report

SMM News Flash: [Steel Billet] Today, billet export offers weakened, with offers at USD 470–474/t. According to feedback from several traders, the North African market is facing pressure from rising port and freight costs, but the overall impact remains limited. Market inquiries were relatively active, mainly from customers in South Asia and the Middle East. Recently, low-priced export billet transactions were concluded. [Thailand] Currently, the DDP price for cold-rolled substrate galvanizing in Thailand is 28.75 THB/kg. According to SMM’s latest survey, affected by weak procurement demand during the off-season, orders at local processing centers have recently shown a weakening trend, with actual transaction performance remaining weak. It is expected that prices will remain under pressure in the near term, and significant improvement in short-term trading will be difficult to see, pending the release of updated price adjustments by steel mills.

17 hours ago