CHINA REBAR: Participants’ wait-and-see approach leads to inactivity, lower prices

China’s domestic rebar prices dropped on Wednesday November 27 amid inactive trading.

Eastern China (Shanghai): 4,050-4,080 yuan ($577-581) per tonne, down 30 yuan per tonne
Northern China (Beijing): 3,790-3,830 yuan per tonne, down 10 yuan per tonne

Customers in eastern China are waiting for rebar cargoes from northern mills to arrive over the coming couple of weeks, which...

Published

Jessica Zong

November 27, 2019

09:20 GMT

Shanghai