Home / Metal News / Steel & Iron Ore / Rebar prices remain under seasonality impact in near term 
Rebar prices remain under seasonality impact in near term 
Jun 28,2020 14:31CST
smm insight
Source:SMM
The continuous rainy weather in the short term will continue to cap any upsides of spot rebar prices, on the backdrop of high inventories and supplies. SMM expects near-term rebar prices to hover in a narrow range, before a decline in the number of rainy days facilitates the release of pent-up demand soon and adds to upward momentum in spot rebar prices. 
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Rebar
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