SMM Rebar Daily: Market Enters Holiday Mode, Prices Anticipated to Stabilize

[SMM Rebar Daily Review: Market Gradually Enters Holiday Mode, Prices Expected to Stabilize Next Week]

Rebar futures opened today with a significant decline, closing at 3,320 points, down 1.51%. On the spot market, the first trading day after the Chinese New Year saw slight price increases in some markets, but market activity fell short of expectations. This was partly due to the impact of the futures market decline on market sentiment and partly because some traders in the market have not yet officially resumed operations...