CHINA REBAR: Eastern region prices down on weak demand

Eastern China’s rebar prices fell further on Monday January 13 on softening demand, though those in the northern region held up amid a lack of selling pressure.

Eastern China (Shanghai): 3,650-3,680 yuan ($527-532) per tonne, down 20 yuan per tonne
Northern China (Beijing): 3,540-3,560 yuan per tonne, unchanged

Demand continued to weaken during the day with less than two weeks to go before the start of a week-long holiday to mark the Chinese New Year. More and more construction projects...

Published

Jessica Zong

January 13, 2020

09:30 GMT

Shanghai