CHINA REBAR: Mixed outlook weighs on trading activity, prices

China’s domestic rebar prices retreated on Tuesday June 15 amid lower transaction volumes as a result of a mixed outlook for supply and demand.

Domestic
Eastern China (Shanghai): 5,050-5,080 yuan ($789-793) per tonne, down by 20 yuan per tonne

Some market participants expect an iron ore mine accident in Shanxi last week to lead to a nationwide inspection to ensure industrial safety, including for steelmaking. As such, they expect steel...

Published

Jessica Zong

June 15, 2021

09:33 GMT

Shanghai