In November, the global rebar market experienced a notable decline in prices and increased volatility in demand. Key markets such as China, Turkey, and Europe saw prices drop by approximately 4%, driven by weak demand, economic uncertainty, and a seasonal slowdown in construction activities.

In contrast, the US market showed signs of stabilization with a slight increase in prices due to a rise in residential construction activity. Despite these fluctuations, the overall market remains vulnerable to reduced demand during the winter months.