Tag: rebar edges up

  • Chinese HRC prices dip m-o-m in Nov’25, rebar edges up

    Chinese HRC prices dip m-o-m in Nov’25, rebar edges up

    Rebar inventories drop 30% amid steep production cuts HRC suppliers face shrinking demand during off-season Iron ore, coke costs remain firm, providing cost support Morning Brief: Chinese hot-rolled coil (HRC) and rebar prices showed divergent movements m-o-m in November 2025. Tangshan’s benchmark HRC prices fell by RMB 22/tonne ($3/t, 0.6%) m-o-m to a monthly average…