🔹 Market Update

Over the weekend, news emerged that the United States will expand tariffs on steel and aluminum imports. Overall, this is considered a bearish factor, with an estimated negative price impact of roughly 20–40 CNY/ton.

🔹 Market Outlook

Despite the tariff news, the steel market is expected to remain in a range-bound pattern this week.

For Rebar (RB Futures), the projected trading range is around 3,150 – 3,250 CNY/ton.

🔸 Strategy View

Maintain a cautious range-trading approach. Market participants should expect short-term volatility within defined bands rather than sharp directional moves.