CHINA REBAR: Domestic prices flat but demand slowly recovering

China’s domestic rebar prices were unchanged on Tuesday February 18, though downstream demand is said to be slowly recovering.

Eastern China (Shanghai): 3,370-3,400 yuan ($483-487) per tonne, unchanged 
Northern China (Beijing): 3,370-3,400 yuan per tonne, unchanged

There was a gradual increase in demand for rebar from end users this week, but sellers did not increase their offer prices because demand still remains much weaker than usual, market sources...


Jessica Zong

February 18, 2020

09:53 GMT