CHINA REBAR: Prices fall on weakening construction demand

China’s domestic rebar prices retreated on Tuesday October 29 due to softening demand from the construction sector.

Eastern China (Shanghai): 3,610-3,640 yuan ($511-516) per tonne, down 10 yuan per tonne Northern China (Beijing): 3,580-3,620 yuan per tonne, narrowed downward by 10 yuan per tonne Construction activity in northeastern China is falling gradually along with the onset of colder weather, which results in mills in the region diverting more of their products to the eastern and southern...

Published

Jessica Zong

October 29, 2019

08:55 GMT

Shanghai