CHINA REBAR: Bad weather weighs on demand, prices

China’s domestic rebar prices decreased on Tuesday July 13 amid weak demand caused by unfavorable weather.

Domestic
Eastern China (Shanghai): 5,080-5,100 yuan ($784-787) per tonne, down by 70-100 yuan per tonne
High temperatures in eastern and southern China and heavy rain in northern China disrupted construction activity and sapped demand for rebar.

Such adverse weather...

Published

Jessica Zong

July 13, 2021

09:40 GMT

Shanghai