Changes in rebar prices in the global market are influenced by internal economic factors and government policies in various countries. From April 4 to April 11, prices for this construction metal demonstrated varying dynamics across different regions, affecting global trends and the outlook for the construction industry.
This is reported by Бізнес • Медіа
Price Increases for Rebar in India and Europe
According to Kallanish, the price of rebar in India remained stable at $668 per ton EXW in Mumbai. However, it has increased by $12 since the beginning of the month. The main driver of this growth is high demand from local construction companies and planned government investments. India’s Minister of Housing and Urban Affairs, Hardeep Singh Puri, announced that in the 2025-2026 fiscal year, the government plans to increase direct investments in infrastructure by 10%, bringing them to $130.6 billion. This will help maintain demand for rebar in the country.
Meanwhile, in Europe, rebar prices have also risen, but on a different scale. In Italy, prices increased by 20 euros to 585 euros per ton EXW. Local manufacturers are refusing to lower prices due to weak demand caused by the Easter holidays. In Turkey, prices have dropped by $14 since the beginning of April, now standing at $558 per ton FOB, as local construction companies and importers in the region are reluctant to purchase Turkish rebar due to competition from products from Algeria and Egypt, which are offered at lower prices.
Price Decline in China and Market Outlook
In China, rebar prices have decreased by $12, now at $416 per ton FOT. This is linked to a deepening internal crisis in the housing construction sector. According to Fitch, new housing sales are expected to decline by 10% in 2025 due to many completed projects without buyers, which reduces prospects for new construction. At the same time, investments in the infrastructure sector increased by 5.6% in January-February 2025, and the state-owned company State Grid Corp. plans to boost investments to a record $89 billion, which is 8.3% more than last year, helping to sustain demand in the infrastructure sector.