CHINA REBAR: Domestic prices fall on soft demand

China’s domestic rebar prices dropped on Wednesday April 20 amid sustained weakness in demand.

Domestic Eastern China (Shanghai): 3,670-3,700 yuan ($542-547) per tonne, down 30-50 yuan per tonne Northern China (Beijing): 3,680-3,700 yuan per tonne, down 70-80 yuan per tonne Low temperatures in northern China and rain in the eastern region dampened post-holiday demand, market sources said. This has led to inventory levels rising in the spot...

Published

Jessica Zong

February 20, 2019

09:45 GMT

Shanghai