CHINA REBAR: Prices drop on concerns over housing market growth

China’s domestic rebar prices continued to slide on Friday April 9 after representatives from the Ministry of Housing & Urban-Rural Development visited five cities to speak with officials in charge of housing development.

Domestic
Eastern China (Shanghai): 4,990-5,030 yuan ($761-767) per tonne, down by 10 yuan per tonne
Northern China (Beijing) weekly assessment: 5,140-5,180 yuan per tonne, up by 160-180 yuan per tonne

On April 8, central government representatives travelled to Guangzhou and Dongguan in the south, along with eastern China’s...

Published

Jessica Zong

April 09, 2021

09:45 GMT

Shanghai