China's spot market dynamics: The average price of 20mm grade 3 seismic rebar in 31 major cities across the country is $533.54/ton, a decrease of $1.12/ton from the previous trading day; the Shanghai rebar dollar price index closed at $515.37, an increase of 0.09%. Specifically, rebar futures fluctuated and went down last week, and spot market prices generally fell slightly. Due to poor terminal demand and a weak market trading atmosphere, the overall transaction performance was mediocre. Under the influence of the continued inefficient operation of the weekend market, the domestic building materials market price in early trading today may be stable and weak.