CHINA REBAR: Domestic prices down further after billet losses

China’s domestic rebar prices fell again on Wednesday January 16 amid weak demand following lower billet prices.

Eastern China (Shanghai): 3,670-3,700 yuan ($543-547) per tonne, down by 30-40 yuan per tonne
Northern China (Beijing): 3,620-3,650 yuan per tonne, narrowed down by 10 yuan per tonne

Tangshan billet prices dropped late on Tuesday due to weak demand, leading to a lower opening...


Jessica Zong

January 16, 2019

09:35 GMT