[SMM Rebar Daily Review] Market Sentiment Lukewarm, Winter Stockpiling Unlikely?

Jan 02, 2025, at 5:11 pm

[SMM Rebar Daily Review: Market Sentiment Lukewarm, Winter Stockpiling Unlikely?] Today, rebar futures rose and then pulled back, closing at 3,306 points, down 0.18%. On the spot side, market merchants showed cautious sentiment, with most quotes remaining stable. Intraday trading atmosphere was subdued, and rebar futures pulled back in the afternoon, causing slight price adjustments in certain markets. Overall, daily transactions decreased...

Today, rebar futures pulled back after a rally, closing at 3,306 points, down 0.18%. In terms of spot, market sentiment among merchants was cautious, with most quotations remaining stable. Trading activity during the session was subdued, and rebar futures pulled back in the afternoon. Prices in some markets softened slightly, and overall transactions decreased throughout the day...

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