China’s spot rebar prices fall further amid slump in billet, futures markets

China’s spot rebar prices continued to trend downwards on Tuesday April 18 amid slumping billet and futures markets.

Key drivers
Billet prices have fallen 460 yuan ($67) per tonne from a high of 3,140 yuan ($456) per tonne on April 5, according to Metal Bulletin’s price archive.

The continual price drop of the semi-finished product coupled with the...


Jessica Zong

April 18, 2017

10:48 GMT