CHINA REBAR: Prices fall from historical high

China’s domestic rebar prices decreased sharply by $16 per tonne on Thursday May 13 after maintaining at a historical high in the prior three days.

Domestic
Eastern China (Shanghai): 5,900-5,930 yuan ($916-919) per tonne, down by 100 yuan per tonne
Premier Minister Li Keqiang requested that relevant offices take measures to deal with the recent sharp price rise of bulk commodities, in which steel products are included, Fastmarkets heard.

Fastmarkets’ assessment for steel reinforcing bar (rebar) domestic, ex-whs...

Published

Jessica Zong

May 13, 2021

10:45 GMT

Shanghai