China’s spot rebar prices drop after weekend losses for billet

China’s spot rebar prices fell on Monday March 27 after a sharp drop in the billet market over the weekend.

Key drivers
Billet prices plunged 120 yuan ($17) per tonne during the weekend after a decrease of 40 yuan ($6) per tonne late last Friday, which weighed on rebar prices in the spot market.

Poor performing futures also...


Jessica Zong

March 27, 2017

09:18 GMT