Stricter standards for Chinese rebar set to boost prices in late 2018

China has revised the standards for rebar produced in the country, which will be implemented from November, according to a notice released by the China Metallurgical Information & Standardization Institute (CMISI) on Friday February 9.

The revised standards spell out stricter requirements for alloy content, weight and dimensions as well as the tolerance levels of the various grades of rebar.
The revision also discontinues the low-quality grade HRB335 for rebar and introduces HRB600, the highest grade of the long steel product produced in China.
Market observers expect rebar prices to rise once these revised standards come into force.

“Production costs will increase by 100-150 yuan ($16-24) per tonne, based...


Jessica Zong

February 09, 2018

08:02 GMT