CHINA REBAR: Domestic prices flat amid good demand

China’s domestic rebar prices were unchanged day on day on Thursday September 10 despite futures losses and after receiving support from good and steady demand, sources said.

Eastern China (Shanghai): 3,680-3,700 yuan ($537-540) per tonne, unchanged
The weak futures market did not have too much of an influence on transactions in the spot market, market sources said.

Buyers maintained their stable demand over the day while construction sites continue to operate normally, which supported rebar...


Jessica Zong

September 10, 2020

08:40 GMT