17/08/2026
[August 17TH, 2026] TUSPIPE STEEL PIPE PRICE TREND
Favorable:
Rebar production fell to 1.8255 million tons last week, remaining near a four-year low. Reduced supply and ongoing mill maintenance continue to provide support for steel prices.
Rebar inventory reached 6.9863 million tons and shifted from accumulation to destocking, while weekly apparent consumption reached 1.9431 million tons.
Adverse factors:
August remains a traditional low-demand season, with high temperatures and rainfall continuing to restrict construction activity and actual steel consumption.
Some steel mills are expected to resume production after maintenance. A moderate supply recovery, combined with weak downstream demand, may limit the potential for steel prices to rise.
In a word, it is expected that Chinese steel prices in dollars will remain generally stable with small fluctuations this week (August 17, 2026 - August 21, 2026).
For more information, please contact us:
[email protected]