China’s rebar prices drop on tumbling futures

China’s spot rebar prices retreated on Thursday September 14 as futures plunged.

Key driver The benchmark rebar futures contract nosedived in the afternoon after making some gains in the morning, which worsened the bearish sentiment in the spot market and dragged down prices. Meanwhile, rising inventory levels as a result of the...

Published

Jessica Zong

September 14, 2017

12:05 GMT

Shanghai