Posted on 15 Dec 2025
Rebar output among the 137 Chinese steel mills continued to decline over December 4-10, falling by a notable 5.6% or 105,300 tonnes on week to 1.79 million tonnes -- almost the lowest level recorded in 2025, according to Mysteel's latest weekly survey.
Findings from another Mysteel survey echoed the production drop. The rebar rolling capacity utilization rate among the sampled mills averaged 39.2% during the same period, down 2.3 percentage points on week, while the average operational rate eased by 0.3 percentage points to 37.1%.
Some steel mills in Central China's Hubei, North China's Shanxi, and East China's Jiangsu provinces halted operations for maintenance on their rebar rolling lines during the survey week, contributing the most to the overall output reduction, Mysteel's weekly roundup showed.
China's rebar inventories continued trending lower for a ninth straight week, as reduced supply outpaced the decline in steel-user demand, Mysteel Global noted.
As of December 11, rebar stocks held by traders in commercial warehouses across the 35 Chinese cities under Mysteel's monitoring fell by 6.2% or 224,300 tonnes on week to 3.39 million tonnes, the lowest level since mid-January.
Daily spot trading volume of construction steel, including rebar, among the 237 trading houses across China averaged 97,766 tonnes/day over December 5-11, down 4.4% or 4,495 t/d from the previous week, Mysteel's survey showed.
Lacklustre demand for construction steel in the winter off-season, combined with weakening cost support, continued to pressure China's rebar prices, Mysteel Global observed.
The second round of coke price cuts initiated by major steelmakers took effect on December 12, reducing prices for all coke products by Yuan 50-55/tonne ($7.1-7.8/t).
Mysteel assessed China's national price of HRB400E 20mm rebar at Yuan 3,297/t including 13% VAT on December 11, down Yuan 30/t from December 4.
Source:Mysteel Global
