May 2025 Global Rebar Market Faces Demand Challenges and Price Pressure
The global rebar market showed weak demand and price pressure throughout May 2025. Most regions experienced a seasonal slowdown in construction activity, limiting market growth. Despite some price increases in Turkey and China, overall market momentum remained subdued as buyers remained cautious amid economic uncertainties.
In Turkey, rebar prices rose 2.4% to $550.6 per ton FOB by the end of May. However, demand stayed low due to high production costs and weak export interest, particularly from Europe and Arab countries. Domestic demand also weakened ahead of the Eid al-Adha holiday, affected by high interest rates and financial constraints.
Meanwhile, the EU rebar market saw price declines due to weak construction activity and falling scrap metal prices. Italy experienced an 8% price drop in May, while Northern Europe prices decreased slightly. Oversupply and intense competition forced many suppliers to offer discounts to attract buyers.
Turkey and China Lead Minor Rebar Price Growth Amid Overall Market Weakness
The Turkish rebar market’s limited price growth contrasts with the widespread softness seen elsewhere. Supply disruptions and increased input costs supported price gains in Turkey. Meanwhile, China saw a modest 0.2% price increase to $423.3 per ton FOT in May, ending three months of stagnation. Positive developments in US-China trade talks briefly buoyed sentiment, but rising inventories and seasonal demand softness capped gains.
In contrast, the US market weakened with a 1.9% price decline due to falling construction starts and scrap price drops. The market faces oversupply from new domestic production and tariff-related import restrictions, dampening buyer confidence. Similarly, European rebar demand declined on subdued residential construction and competitive pressures, with limited short-term recovery prospects.
SuperMetalPrice Commentary:
The global rebar market in May 2025 reveals ongoing challenges shaped by seasonal demand fluctuations, economic uncertainties, and geopolitical factors. While Turkey and China show resilience through price gains, broader market weakness highlights persistent risks. Infrastructure projects may provide some demand support, but oversupply and cost pressures will likely constrain significant price rallies. Market participants should watch evolving trade policies and macroeconomic signals closely as the summer months approach.
Leave a Reply
You must be logged in to post a comment.