CHINA REBAR: Prices edge down on weak demand

China’s domestic rebar price dropped on Tuesday July 20 due to weak demand caused by adverse weather in large parts of the country, sources told Fastmarkets.

Domestic
Eastern China (Shanghai): 5,220-5,240 yuan ($804-807) per tonne, down by 10-20 yuan per tonne

There was heavy rain in central China’s Henan province and southern China’s Guangdong province on July 20, and large...

Published

Jessica Zong

July 20, 2021

09:40 GMT

Shanghai