China Rebar & HRC Price Update: Wire Rod Leads at +0.75%, Profiles Flat
Daily Price Signal & Delta
Wire Rod (φ6) leads at +0.75%, followed by Rebar (φ10) at +0.27%. HRC (2.75mm) dipped -0.28% while MMPB (8mm) gained +0.49%. Long products (angles, channels, beams) held flat at 0% change today.
Landed Cost Implications
With FOB moves contained within ±0.75%, ocean freight and tariff differentials now represent the dominant landed-cost variable. Buyers should anchor budgets on freight routes rather than mill pricing alone.
| Product | FOB Vector | Recommended Action |
|---|---|---|
| HRC | -0.28% | Landed Cost Calculator |
| Rebar | +0.27% | Hold & Monitor |
| Industrial Steel | No prior-day baseline | Request spot inquiry |
Procurement Strike Zone
- Long-product buyers (rebar/wire rod): Narrow upward drift — Hold & Monitor; escalate to buy if wire rod exceeds +1.0%. - Flat-product buyers (HRC/CRC): Softening HRC creates a mild Strong Buy Window on 2.75mm coil; submit via RFQ Gateway. - Industrial steel buyers: No prior-day comparison available — obtain baseline quotes through RFQ Gateway before committing.
Key Prices (USD/ton)
2026-09-07| Product | Spot USD | FOB | Vietnam | Philippines | Thailand | Indonesia | Malaysia |
|---|---|---|---|---|---|---|---|
| High Speed Wire Rod | $563 ¥3790 | $575.19 | $603 | $607 | $605 | $610 | $608 |
| Rebar | $542 ¥3650 | $554.38 | $582 | $586 | $584 | $589 | $587 |
| Spiral Rebar | $597 ¥4020 | $609.37 | $637 | $641 | $639 | $644 | $642 |
| Hot Rolled Coil | $534 ¥3590 | $545.46 | $573 | $577 | $575 | $580 | $578 |
| Cold Rolled Coil | $593 ¥3990 | $604.91 | $633 | $637 | $635 | $640 | $638 |
| Medium Plate | $605 ¥4070 | $616.8 | $645 | $649 | $647 | $652 | $650 |
| Angle Steel | $526 ¥3540 | $538.03 | $566 | $570 | $568 | $573 | $571 |
| Channel Steel | $529 ¥3560 | $541 | $569 | $573 | $571 | $576 | $574 |