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Is the rebar market quotation false?
Yes Affected by the reduction of rebar futures production, the spot market quotation stopped rising and was slightly lowered. The rebar market quotation is false, and the market retail price is not credible. Only the ex-factory price of the factory, Tangshan ex-factory price should be highly valued. The ex-factory price of rebar in Tangshan or Hebei will not exceed the national average price of 3977, and the increment of warehouse receipts will all come from Hebei. Threaded warehouse receipts will exceed 200,000 tons before the Spring Festival.