Under the action of many factors, the short-term rebar price is easy to fall but difficult to rise.

In 2020, China's steel bar output was 266.391 million tons.

The tungsten market runs smoothly;

The molybdenum market rise slightly;

The vanadium market appears cold slightly;

China imported 3.57mn t of coking coal last month, down by 4pc from 3.72mn t in November but up by 110pc from December 2019.

The 2105 ferrosilicon contract price on ZCE closed at 6740 yuan per ton on February 5.

As for the trend after the festival, many of the industry participants is optimistic, waiting for the market to further clarify.