CHINA REBAR: Domestic prices keep dropping alongside temperatures

China’s domestic rebar prices were lower on Thursday November 28, with a drop in temperature in many parts of the country curbing demand from the construction industry.

Eastern China (Shanghai): 4,010-4,040 yuan ($571-575) per tonne, down 40 yuan per tonne
Northern China (Beijing): 3,780-3,820 yuan per tonne, down 10 yuan per tonne

Constructions sites in northern China have cut their rebar purchases to very low levels due to the winter weather, forcing steel mills in the region to ship more...


Jessica Zong

November 28, 2019

09:00 GMT