China’s rebar prices plunge as futures tumble on

China’s spot rebar prices fell sharply on Friday September 22, having held steady a day earlier, as the futures market logged big losses.

Key driver

China’s ferrous futures experienced a second day of sharp decreases during the day. This, coupled with a sharp drop in the price of billet late on Thursday, led to very low buying interest, which forced sellers...


Jessica Zong

September 22, 2017

12:38 GMT