CHINA REBAR: Demand dries up on eve of Labor Day

China’s domestic rebar prices dipped on Friday April 30, just a day before the start of a five-day break to mark Labor Day in the country.

Domestic
Eastern China (Shanghai): 5,180-5,200 yuan ($801-804) per tonne, down by 10 yuan per tonne
Northern China (Beijing) weekly assessment: 5,170-5,200 yuan per tonne, up by 60-70 yuan per tonne

Several Shanghai-based traders said the market was inactive throughout the...

Published

Miranda Song

April 30, 2021

10:17 GMT

Shanghai