CHINA REBAR: Domestic prices drop further on weak demand

China’s domestic prices for rebar fell further on Friday December 15 on weak demand.

Eastern China (Shanghai): 4,750-4,800 yuan ($718-726) per tonne, down 30 yuan per tonne
Northern China (Beijing): 4,400-4,450 yuan per tonne, down 50 yuan per tonne
Buyers still held back on procurement, and the soft demand pushed down prices further in the spot market.

Rebar prices in...


Jessica Zong

December 15, 2017

09:33 GMT