CHINA REBAR: Prices stop rising on weaker demand

China’s domestic rebar prices shed their upward momentum on Thursday April 15 due to the lower trading activity and short-lived gains in the futures market.

Domestic
Eastern China (Shanghai): 5,020-5,050 yuan ($768-773) per tonne, unchanged
Sellers raised their offers by 10-20 yuan per tonne in the morning after rebar futures rose to a high of 5,165 yuan per tonne for the day.

But...

Published

Jessica Zong

April 15, 2021

10:09 GMT

Shanghai