On October 28, Rebar and Wire Rod benchmarks held steady at $556–$607/ton FOB. Hot Rolled Coil (HRC) ticked up 0.29% to $523/ton, while Cold Rolled Coil and Medium Plate dipped modestly by ~0.26%. Industrial steel saw slight strength, with Prestressed Steel rising 0.8% to $947/ton.
With FOB China rates largely consolidated, shipping frequency and tariff classifications now drive total budget variance rather than raw material cost. Slight HRC gains narrow margins for auto-component buyers, whereas stable rebar prices support construction project quoting.
| Product | FOB Vector | Recommended Action | |---|---|---|<br>| Rebar / Wire Rod | Flat | Lock base price; track freight | | HRC | +0.29% | Compare landed cost alternatives | | Prestressed Steel | +0.8% | Execute immediate orders |
Calculate exact duties and freight at Landed Cost Calculator.
- Construction Buyers: Hold & Monitor for rebar and wire rod; no immediate price advantage, but freight windows remain open. - Manufacturing Buyers: Strong Buy Window for prestressed steel due to the 0.8% daily lift. - General Flat-Steel Users: Lock in Freight Rates to offset minor coil and plate fluctuations.
Initiate volume quotes and compare supplier bids via RFQ Gateway.
| Product | Spot USD | FOB | Vietnam | Philippines | Thailand | Indonesia | Malaysia |
|---|---|---|---|---|---|---|---|
| High Speed Wire Rod | $564 ¥3780 | $575.56 | $604 | $608 | $606 | $611 | $609 |
| Rebar | $544 ¥3650 | $556.18 | $584 | $588 | $586 | $591 | $589 |
| Spiral Rebar | $595 ¥3990 | $606.88 | $635 | $639 | $637 | $642 | $640 |
| Hot Rolled Coil | $511 ¥3430 | $523.38 | $551 | $555 | $553 | $558 | $556 |
| Cold Rolled Coil | $574 ¥3850 | $586 | $614 | $618 | $616 | $621 | $619 |
| Medium Plate | $585 ¥3920 | $596.44 | $624 | $628 | $626 | $631 | $629 |
| Angle Steel | $526 ¥3530 | $538.29 | $566 | $570 | $568 | $573 | $571 |
| Channel Steel | $529 ¥3550 | $541.27 | $569 | $573 | $571 | $576 | $574 |