Chinese spot market dynamics: the average price of 20mm Grade 3 seismic rebar in 31 major cities in China was $529.92 per ton, up $0.41 from the previous trading day; the Shanghai rebar dollar-denominated index closed at $513.22, down 0.08%. Specifically, rebar futures pulled up slightly in the morning, and the cautious attitude of market merchants changed, with the overall offer being relatively stable and some market offers increasing. In the afternoon, by the overall market condition data, market prices have been adjusted downward, terminal procurement is still dominated by just demand, transaction results increased slightly compared with the previous day. Comprehensive expected today's national building materials market prices narrowly oscillating operation is dominant.