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China Steel Rebar Softens slightly on Pre Holiday Market Lull

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Published: January 23, 2026

Seasonal Slowdown

Trading volumes have thinned as market participants exit positions ahead of the holiday. Physical demand from construction sites has paused, leaving prices to drift lower on light volume.

Inventory Management

Mills are prioritizing inventory management over volume, keeping blast furnace utilization rates low. This supply-side control is expected to keep prices range-bound until activity resumes in February.