Rebar Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Rebar in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Rebar Price Trend for the Second Half of 2023

In the third and fourth quarters of 2023, global rebar prices experienced fluctuations across various markets, particularly in Turkey, China, and the US. In Turkey, prices surged due to increased production costs and limited export opportunities from North African countries. However, demand began to go southwards towards the end of November, although the market received a boost from renewed purchases by Israel and Yemen, this was still insufficient in keeping the market trend of rebar upwards.

Rebar Price Chart

Rebar Price Trends

Please Login or Subscribe to Access the Rebar Price Chart Data

In the US, prices remained stable through most of H2 of 2023 but declined in the last month amid reduced construction activity and stagnant procurement rates of other downstream industries. Meanwhile, in China, rebar prices stabilized amid limited demand, with producers cautious about raising prices to avoid losing sales volume.

The manufacturers anticipated subdued demand to persist through the winter months, with some traders postponing purchases until after the Spring Festival. Additionally, Ukraine's exports saw a significant decline in revenues and volumes from July to December '23, projecting a negative influence on the rebar price trend.

Analyst Insight

According to Procurement Resource, the price of Rebar is estimated to struggle with continuous fluctuations in trading activities and demand dynamics from the downstream industries.

Rebar Price Trend for the First Half of 2023

Rebar prices experienced mixed market trend during the said period of H1’23. The consumer demands from the construction sector, along with the feedstock steel costs, drove the Rebar market sentiments. In Asia, especially the Chinese market, the construction industry struggled severely because of the stretched lockdowns put in place to contain Covid 19 pandemic. And when the lockdowns were abolished, the Rebar demands didn’t pick up immediately.

So, with a slow improvement in the construction business, a rise in Rebar market trend was observed in Q1’23 as the prices rose by around 2% within the first three months. However, with improved global supply chains, a slump in prices was observed in the second quarter since Q2 closed at an average spot price of about 514 USD/MT in June’23. Overall, mixed market sentiments were observed.

Analyst Insight

According to Procurement Resource, after tribulations in the Rebar market trend, the prices are anticipated to seek stability in the coming months.

Procurement Resource provides latest prices of Rebar. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Platform Sample

Please Login or Subscribe to explore our dashboard.


Rebar (or reinforcing bar), refers to massed reinforcing of steel or steel reinforcement, that is, steel bars installed inside the plain cement concrete.  Rebar, being a mesh of steel wires or steel bar , is mostly utilised as a tension device in reinforced concrete to build structures. The product is widely utilised in the construction sector as it strengthens and aids the concrete under tension. Further, it can significantly boost the tensile strength of the structure.

Product Details

Report Features Details
Product Name Rebar
Synonyms ArcelorMittal S.A, EVRAZ plc, Gerdau SA , Nucor Corporation, Tata Steel Limited
Industrial Uses Reinforced masonry, Reinforced concrete, Others
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes 
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Process

  • Production of Rebar via Hot-Rolling Process

The steps involved in the production of Rebar generally include conversion of steel (scrap/molten) into molten steel and then into semi-finished products through continuous casting, which is followed by direct rolling/hot rolling process and thermo mechanical treatment. Thus, melting scrap steel in an electric arc furnace and subsequently moulding it into billets that are further hot-rolled produces Rebar.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Table Of Contents

Our Clients


Get in Touch With Us


Phone:+1 307 363 1045


Phone: +91 1203185500


Phone: +44 7537 132103



Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.