CHINA REBAR: Progress in China-US trade talks fails to push up rebar prices

China’s domestic rebar prices remained flat on Monday October 14 despite China and the United States making some progress in trade talks late last week.

Domestic  Eastern China (Shanghai): 3,700-3,730 yuan ($522-526) per tonne, unchanged   Northern China (Beijing): 3,570-3,600 yuan per tonne, unchanged The US will be delaying the imposition of additional tariffs on Chinese goods worth of $250 billion and China will buy $40-50 billion of American agricultural products, according to local media reports in China on October 11. The news, however, failed have any impact on rebar...

Published

Jessica Zong

October 14, 2019

10:29 GMT

Shanghai