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Commodities with the greatest impact on rebar prices
Singapore iron ore.

Rebar futures are related to international varieties, namely Singapore iron ore. Because iron ore is the raw material of steel, the fluctuation of iron ore has certain influence on the price of rebar. In particular, the vast majority of domestic iron ore is imported, and the pricing power is abroad.

At present, the domestic trend of rebar futures is relatively independent, and there is no corresponding variety with strong price correlation, which is highly correlated with domestic iron ore.