CHINA REBAR: Domestic demand drops, prices mixed

China’s domestic rebar prices were mixed amid weaker demand on Wednesday December 11, with eastern prices up but those in the north of the country down.

Eastern China (Shanghai): 3,930-3,960 yuan ($558-563) per tonne, up 20 yuan per tonne
Northern China (Beijing): 3,640-3,670 yuan per tonne, down 10-20 yuan per tonne

End users kept procurement rates limited and stockists were not looking to replenish inventories in the short term amid weak demand, pushing down...


Jessica Zong

December 11, 2019

09:30 GMT