Where to find live Rebar prices
Primary sources onlyTSM does not display real-time Rebar quotes on this page — instead, we link directly to the regulated exchanges and benchmark price-reporting agencies (PRAs) that produce the actual numbers. One True Source for All: where the data originates, that is where you should read it.
- Cleared futuresLME Steel Rebar FOB Turkey (Platts) — cleared futures ↗
- Cleared futuresSHFE Rebar futures (CNY) — largest steel contract globally ↗
- Benchmark administrator (PRA)Platts — FOB Turkey rebar daily assessment ↗
- Benchmark administrator (PRA)Fastmarkets — rebar methodology & prices ↗
- Benchmark administrator (PRA)Argus Metals — rebar regional assessments ↗
Exchange access is free for delayed prices on most LME/SHFE/CME pages; live tick-by-tick data and PRA assessments are paid subscriptions sold by the exchange or by Fastmarkets / Argus / S&P Global Platts directly. See TSM Sources methodology for the full source tiering.
About Rebar (Steel Reinforcing Bar)
Editorial · sourcedWhat is rebar?
Rebar (reinforcing bar) is a hot-rolled deformed steel bar used to reinforce concrete in tension — the most fundamental application of steel in construction. Diameters typically range from 8 mm to 50 mm, with surface deformations (ribs) rolled in to improve bond with cement. Standard yield strengths are 400, 500 or 600 MPa per ISO 6935-2; national standards include ASTM A615/A706 (US), BS 4449 (UK), GB/T 1499.2 (China). Rebar consumption is the most direct steel indicator of construction-cycle health globally.
How rebar is priced
The global seaborne benchmark is the LME Steel Rebar FOB Turkey (Platts) cash-settled futures contract — Turkey is the world's #1 long-products exporter, and its FOB price discovers global rebar value better than any other single point. The settlement source is the Platts FOB Turkey rebar daily assessment. Regional spot benchmarks include the SHFE (Shanghai) deformed-bar futures contract — the largest steel futures contract in the world by volume — and physical assessments from Fastmarkets and Argus for EU CIS / domestic Turkey / Black Sea / SE Asia / US Gulf.
Where rebar is produced
Rebar production is regionally distributed because the product is bulky and low-margin — transport costs limit the economic catchment of any single mill. The dominant exporters and producers are China (~50% of world rebar via SHFE-linked mills), Turkey (the largest seaborne exporter, ~25 Mt/year, mostly to MENA and SE Asia), India, CIS countries (Russia, Ukraine), and the Gulf Cooperation Council mills. The US market is supplied almost entirely by domestic EAF mini-mills (Nucor, CMC, Gerdau Long Steel). Per USGS MCS 2026 Iron-Steel, total US apparent steel-mill-products consumption was ~95 Mt in 2025.
Who produces rebar
Rebar production is dominated by EAF (electric-arc-furnace) mini-mills feeding on scrap, plus some BF-BOF mills that produce both flat and long products. Notable producers:
- Turkey: ICDAS, Kardemir, Habas, Colakoglu — collectively the world's largest seaborne rebar exporters.
- USA (all EAF): Nucor, Commercial Metals Company (CMC), Gerdau Long Steel North America, Steel Dynamics.
- India: Tata Steel, SAIL, JSW Steel.
- China: a fragmented landscape of regional long-product mills feeding domestic construction — SHFE futures is the price reference.
- Europe: ArcelorMittal, CELSA Group, Feralpi, Acerinox (long products in addition to its stainless flagship).
What rebar is used for
Concrete reinforcement — essentially the only end-use of rebar. Sub-applications:
- Residential and commercial construction (slabs, columns, walls).
- Civil infrastructure (bridges, tunnels, dams, highway substructure).
- Wind-turbine foundations — a single onshore turbine foundation uses 30-50 t of rebar.
- Earthquake-resistant detailing (ductile high-strength rebar grades B500B / B500C / Grade 60-80).
Key facts about rebar supply
- Rebar is on the EU CBAM list (covered alongside HRC, plate and other steel categories) and — because most rebar is EAF-route with ~70-80% lower embedded CO₂ than BF-BOF — EAF mills have a structural advantage post-2026 in EU-bound trade.
- The SHFE rebar contract was the world's largest steel futures contract by trading volume for most of the 2015-2023 decade. Trading volumes peaked at over 5 billion tonnes notional per year.
- Reserves: not applicable. See Iron Ore upstream and Steel Scrap for the EAF feedstock.