CHINA REBAR: Prices gain on restocking ahead of Labor Day holiday

China’s steel rebar prices gained on Thursday April 29 amid market restocking before the upcoming Labor Day holiday from May 1-5.

Domestic
Eastern China (Shanghai): 5,190-5,210 yuan ($801-804) per tonne, up by 10-20 yuan per tonne

One Shanghai-based trader told Fastmarkets that her downstream customers were actively buying on Thursday to ensure they have enough inventory for the five-day...

Published

Miranda Song

April 29, 2021

10:35 GMT

Shanghai