| Region | Price (USD per metric tonne) | Date |
|---|---|---|
| Turkey | 560 | March 2025 |
| United States | 745 | March 2025 |
| China | 3207 | March 2025 |
| Italy | 592.5 | March 2025 |
| Northern Europe | 560 | March 2025 |
| UAE | 724 | March 2025 |
Factors Influencing Rebar Prices
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Raw Material Costs: Fluctuations in iron ore and steel prices directly impact rebar pricing.
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Market Demand: High construction activity increases demand, driving up prices.
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Geopolitical Factors: Trade policies and tariffs influence pricing.
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Transportation Costs: Fuel prices and logistics efficiency affect expenses.
Market Trends and Outlook
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Turkey: Prices declined due to weak demand and scrap market pressure.
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United States: Prices increased by 4.2% year-to-date.
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China: Prices rose slightly but remain volatile.
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Europe: Divergent trends with Italy seeing increases and Northern Europe slight declines.
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UAE: Prices remained unchanged for March 2025 deliveries.
Conclusion
Rebar prices are influenced by a complex interplay of factors, including raw material costs, market demand, and geopolitical issues. Understanding these dynamics helps in planning projects and budgeting effectively. By monitoring current prices and market trends, you can make informed decisions for your construction projects.