On the 11th, prices in the East China building materials market rebounded sharply. The average price of rebar in major cities was 4837 yuan/ton, down 29 yuan/ton from the previous trading day. The snails rose sharply. The closing price of the main contract was 4443 yuan/ton, an increase of 307 yuan/ton from the settlement price of the previous working day, and a discount of 427 yuan/ton from the market price of Hangzhou Zhongtian Thread at 4870 yuan/ton. The market opened in the morning, and the mainstream resources of the East China building materials market opened slightly higher. During the opening period, the snails rose again, the market was bullish and positive, and spot resources rebounded sharply. Among them, Zhongtian Shagang and other threads reported above 4,800 yuan/ton. The trading atmosphere in the market resumed, and the willingness of terminal purchases was also enlarged, and the overall transaction performance was acceptable. Under the guidance of macro news, black futures have pulled up, the market mentality has reversed, and short-term prices have risen sharply. In the late trading period, the snails once rose by the limit, which significantly boosted market confidence. Spot prices continued to rise, depending on the level of demand in the later period. It is expected that the price of building materials market will fluctuate strongly tomorrow.