China’s spot rebar prices maintain downtrend on growing bearishness

China’s spot rebar prices continued to fall for a fourth continuous day on Friday June 23 as pessimism grew.

Key drivers
The bearish sentiment in spot market kept growing as wet weather kept trading thin.

Rebar futures also performed poorly during most of the day before it rebounding in the last half hour of trading, which further weighed on...


Jessica Zong

June 23, 2017

10:46 GMT